The Smoot-Hawley Act introduced
A) opportunities for expanding U.S. foreign trade.
B) the highest tariffs set by the United States in the last 90 years.
C) a framework promoting international free trade.
D) revenue tariffs as a major source of U.S. government revenues.

Question

Quizplus · Accepted Answer

The Smoot-Hawley Act, enacted in 1930, raised U.S. tariffs on over 20,000 imported goods to record levels, making it the highest tariff in the last 90 years.

The Smoot-Hawley Act Introduced