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In General,in the 19th Century,America

Question 28

Multiple Choice

In general,in the 19th century,America


A) was a low tariff nation because it was believed that free trade brought specialization, efficiency and more rapid economic growth.
B) was a nation that kept its tariffs at about the same levels as England so as not to give the British an advantage.
C) was a high tariff nation which believed, from the days of Alexander Hamilton, that America's industry needed protection from the more industrially advanced England.
D) had a moderate level of tariffs, compared with England, whose main purpose was to provide the federal government with revenues.

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