The Smoot- Hawley Act

Multiple Choice

The Smoot- Hawley Act:

A) decreased tariffs on U.S. imports, which led to a contraction of world trade.
B) increased tariffs on U.S. imports, which led to a contraction of world trade.
C) increased competition in global markets, which led to a contraction of world trade.
D) decreased tariffs on U.S. imports, which led to an expansion of world trade.
E) increased competition in global markets, which led to an expansion of world trade.