What Is the Name of the Act That Raised Import

question 76

Multiple Choice

What is the name of the act that raised import duties in 1930 to reduce the volume of goods coming into the United States?

• A)Pax Americana
• B)Warsaw Pact
• C)Smoot Hawley Act
• D)McAlexander Treaty
• E)The Resource Protection Act

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Definitions:

Net Income

The total earnings of a company after subtracting all expenses, taxes, and losses from total revenue.

Retained Earnings

The portion of a company's profits that is kept or retained and saved for future use, reinvestment, or to pay debt.

Temporary Investments

Short-term investments in securities such as stocks and bonds, which a company plans to sell within a year.

Influence

The capacity to have an effect on the character, development, or behavior of someone or something, or the effect itself.