The Smoot-Hawley Tariff of 1930 Raised Tariff Rates on Tens

Multiple Choice

The Smoot-Hawley Tariff of 1930 raised tariff rates on tens of thousands of imported goods,and the results were that:

A) exports rose but imports fell,thereby increasing aggregate demand.
B) imports rose but exports fell,thereby reducing aggregate demand.
C) both exports and imports rose,thereby increasing aggregate demand.
D) both exports and productivity fell,thereby reducing aggregate demand and aggregate supply.