Which of the following statements about the Smoot-Hawley Tariff of 1930 is true?
A) It was preceded by the Fordney-McCumber Tariff which doubled tariffs.
B) It grew larger because of the congressional practice of logrolling.
C) It was the highest average tariff ever enacted by the United States, increasing tariffs by 53 percent.
D) All of the above.
E) None of the above.
Correct Answer:
Verified
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