During the Great Depression in the 1930s, the average tariff level in the United States peaked at about
A) zero.
B) 6 percent.
C) 20 percent.
D) 100 percent.

Question

Quizplus · Accepted Answer

During the Great Depression, the average tariff level in the United States peaked at about 20 percent, largely due to the Smoot-Hawley Tariff Act of 1930, which raised tariffs significantly in an effort to protect American industries.

During the Great Depression in the 1930s, the Average Tariff