Multiple Choice
As a result of the Smoot-Hawley trade bill of 1930,
A) both the volume of U.S. trade and the tariff revenues derived from trade increased substantially.
B) the volume of U.S. trade decreased, but the tariff revenues derived from trade increased.
C) the volume of U.S. trade increased, but the tariff revenues derived from trade decreased.
D) both the volume of U.S. trade and the tariff revenues derived from trade decreased substantially.
Correct Answer:
Verified
Correct Answer:
Verified
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