The ________ altered U.S. trade policy from a stance of free trade to one of protectionism.

Question

Quizplus · Accepted Answer

The Smoot-Hawley Act of 1930 increased tariffs on imported goods, leading to retaliatory tariffs and decreased international trade. This marked a shift in U.S. trade policy towards protectionism. The other options listed did not have the same significant impact on U.S. trade policy. The General Agreement on Trade and Tariffs (GATT) was a multilateral agreement aimed at promoting free trade, while the Multifiber Agreement and Normalized Trade Relations Act were focused on specific aspects of trade rather than overall trade policy.

The ________ Altered U