The Smoot-Hawley Act lowered import duties to establish more favorable trade relations with other countries in the wake of the Great Depression.

Name: The Smoot-Hawley Act lowered import duties to establish more favorable trade relations with other countries in the wake of the Great Depression.
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Question

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The statement is incorrect. The Smoot-Hawley Act raised import duties in 1930, which led to retaliation from other countries and worsened the effects of the Great Depression.

The Smoot-Hawley Act Lowered Import Duties to Establish More Favorable