the results of the hawley - smoot tariff act\nwhich outcomes resulted from the passage of the hawley - smoot…

the results of the hawley - smoot tariff act\nwhich outcomes resulted from the passage of the hawley - smoot tariff act? check all that apply.\n□ countries around the world increased their tariffs in response.\n□ trade gradually increased as taxes on imports fell.\n□ domestic industries initially benefited from new tariffs.\n□ imports and exports exchanged between the united states and britain fell by nearly 66%.\n□ countries such as germany and austria were able to control their economic downturn.

the results of the hawley - smoot tariff act\nwhich outcomes resulted from the passage of the hawley - smoot tariff act? check all that apply.\n□ countries around the world increased their tariffs in response.\n□ trade gradually increased as taxes on imports fell.\n□ domestic industries initially benefited from new tariffs.\n□ imports and exports exchanged between the united states and britain fell by nearly 66%.\n□ countries such as germany and austria were able to control their economic downturn.

Answer

Brief Explanations:

The Hawley - Smoot Tariff Act was a US law that raised import tariffs. In response, other countries increased their tariffs. Domestic industries initially benefited from protection against foreign competition. The trade between the US and Britain declined significantly. However, trade did not increase as tariffs rose globally, and countries like Germany and Austria were severely affected by the economic downturn and could not control it.

Answer:

Countries around the world increased their tariffs in response. Domestic industries initially benefited from new tariffs. Imports and exports exchanged between the United States and Britain fell by nearly 66%.