The Smoot-Hawley Act:

A. bound the world's nations to a gradual process of tariff reduction.
B. established very high tariffs on goods imported to the United States.
C. exempted American exporters from the Sherman Antitrust Act.
D. established the reciprocal trade agreements program.

B. established very high tariffs on goods imported to the United States.

Economics

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Another way to state the efficient markets hypothesis is: in an efficient market

A) unexploited profit opportunities will be quickly eliminated. B) unexploited profit opportunities will never exist. C) all prices can be accurately predicted. D) every financial market participant must be well informed about securities.

Economics

Why can't an indifference curve be a straight line?

What will be an ideal response?

Economics