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As a result of the Smoot-Hawley Tariff,
A)loans were created to help railroads, banks, and other businesses.
B)shantytowns were being built across the country.
C)the Bonus Army protested in Washington, DC.
D)foreign countries refused to buy American goods.




PLEASE ANSWER RIGHT NOW

Respuesta :

Answer:

D-foreign countries refusing to buy American goods.

Explanation:

In 1930, the United States Tariff Act was introduced that raised the import cost to guard the American corporations and agriculturalists. Herbert Hoover played a key role in forming the Act.

The correct option is:

Option D) foreign countries refused to buy American goods.

This can be explained as:

  • Due to high tariffs on American imports, the foreign countries refused to purchase and deal with American traders.

  • This led to the shrinkage of World Trade and plummeted the economy greatly.

  • The foreign nations retaliated on high American goods tariffs which led to retaliation on American exports and thus affected the economy and employment of American citizens.

Therefore, this also contributed to the Great depression.

To learn more about Smoot-Hawley Tariff follow the link:

https://brainly.com/question/532260

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