Question

mm6173 - 3: 2025 - sep - 10wk - mm: international business manag 0wk - mm
time left 0:24:44
question 4
which of the following had a damaging effect on employment abroad because it caused retaliation, and devastated the export industries of countries globally?
a. smoot - hawley act
b. vernon - weimar
c. porter - ricardo act
d. heckscher - ohlin
e. smith - krugman

Explanation:

The Smoot - Hawley Act was a US tariff law in 1930 that raised import duties on thousands of products. It led to retaliatory tariffs from other countries, which severely damaged international trade, export industries, and employment abroad. The other options are not associated with such damaging effects on a global scale.

Answer:

A. Smoot - Hawley Act