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Which outcomes resulted from the passage of the Hawley-Smoot Tariff Act? Check all that apply. Countries around the world increased their tariffs in response. Trade gradually increased as taxes on imports fell. Domestic industries initially benefited from new tariffs. Imports and exports exchanged between the United States and Britain fell by nearly 66%. Countries such as Germany and Austria were able to control their economic downturn.

Respuesta :

1.) Countries around the world increased their tariffs in response
3.)Domestic industries initially benefited from new tariffs.
4.) Imports and exports exchanged between the United States and Britain fell by nearly 66%.
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Outcomes A to D all occurred as a result of the Hawley-smoot Tariff Act.

What is the Hawley-smoot Tariff Act?

Formerly known as the US Tariff Act of 1930, the Hawley-smoot Tariff Act was created to raise tariffs on Imported products thereby protecting American-owned businesses.

The fallout in the short term was beneficial to the domestic companies but later took a took on the global economy by exacerbating the effects of the Great Depression.

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