The Smoot-Hawley Act ________

question 81

Multiple Choice

The Smoot-Hawley Act ________.

• A) lowered tariffs to encourage trade
• B) raised tariffs to protect domestic industries
• C) designated the International Trade Organization as an independent party in trade negotiations
• D) required that countries treat each other on a nondiscriminatory basis and outlawed unfair trading practices

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Definitions:

Achievement

The successful completion of tasks or attainment of goals through effort, skill, or courage, often recognized and rewarded.

Expectancy Theory

Expectancy theory is a motivational theory that suggests an individual's behavior is determined by their expected outcomes, based on their beliefs about effort-performance relationships, and the desirability of these outcomes.

Performance-reward Relationships

The correlation between the level of performance and the reward received, highlighting the principle that higher performance should lead to greater rewards.

Instrumentalities

The perceived relationship between performance and the attainment of desired outcomes, particularly in the context of work motivation.