How did measures such as the smooth hawley tariff and the British abandonment of the gold standard affect the global economy in the 1930s?
The Tariff Act of 1930, otherwise known as the Smoot–Hawley Tariff was an act that raised U.S. tariffs on over 20,000 imported goods to record levels. Some economists have opined that the tariffs contributed to the severity of the Great Depression.
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