The law that created the high level of tariffs in United States in the 1930s is
A) the GATT Act.
B) the World Trade Act.
C) the Smoot-Hawley Act.
D) the Tariffs Agreement Act.

Question

Quizplus · Accepted Answer

The Smoot-Hawley Act, also known as the Tariff Act of 1930, was the law that created high levels of tariffs in the United States in the 1930s. It raised tariffs on over 20,000 imported goods, which led to retaliatory tariffs from other countries and worsened the Great Depression. The other options, the GATT Act and the World Trade Act, came later and were focused on reducing tariffs and promoting free trade. The Tariffs Agreement Act is not a known act in relation to the tariffs in the 1930s.

The Law That Created the High Level of Tariffs in United