One Important Unintended Consequence of the Smoot-Hawley Tariff Act Was

question 70

Multiple Choice

One important unintended consequence of the Smoot-Hawley Tariff Act was to:

• A)lessen the severity of the Great Depression by increasing exports.
• B)provide the federal government with an effective tool for exercising monetary policy.
• C)increase the efficiency of domestic automobile production.
• D)increase the severity of the Great Depression by causing other countries to retaliate,and thus leading to a decline in exports.
• E)increase the U.S.government budget deficit by $15 million.

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