When did average Tariff protection peak amongst the major nations?
A) Directly after World War II
B) Just before World War I
C) In the 1950's
D) In the late Nineteeth Century
E) In the 1930's

Question

Quizplus · Accepted Answer

Average tariff protection peaked in the 1930s during the Great Depression, as countries implemented high tariffs to protect their economies, exemplified by the U.S. Smoot-Hawley Tariff Act of 1930.

When Did Average Tariff Protection Peak Amongst the Major Nations