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Question
- within a few years, the hawley - smoot tariff act led to
a. a dramatic drop in world trade.
b. hoover’s reelection as president.
c. more demand for american manufactured goods.
d. an unequal distribution of income in the united states.
The Hawley - Smoot Tariff Act was a protectionist measure. It raised tariffs on imported goods. Other countries retaliated by raising their own tariffs. This led to a decrease in international trade as it became more expensive for countries to trade with each other. Hoover was not re - elected (he lost to Roosevelt in 1932). The act did not increase demand for American goods as other countries' retaliatory tariffs made American goods more expensive abroad. Income distribution in the US was more related to economic structures like the stock market and industrial practices rather than this tariff act.
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A. a dramatic drop in world trade.