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The Passage of the Smoot-Hawley Tariff in 1930 Sparked a Trade

Question 182

Multiple Choice

The passage of the Smoot-Hawley Tariff in 1930 sparked a trade war that caused net exports to ________ and real GDP to ________.


A) increase; increase
B) decrease; increase
C) increase; decrease
D) decrease; decrease

Correct Answer:

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