Difference between revisions of "Smoot-Hawley Tariff"
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| − | The Hawley-Smoot Tariff was | + | The Hawley-Smoot Tariff was enacted in 1930. It imposed high trade barriers on imports to protect American manufacturers. It is criticized by economist as a huge mistake, largely responsible for the [[Great Depression]]. |
Revision as of 19:10, March 9, 2007
The Hawley-Smoot Tariff was enacted in 1930. It imposed high trade barriers on imports to protect American manufacturers. It is criticized by economist as a huge mistake, largely responsible for the Great Depression.