Answered

Explore a world of knowledge and get your questions answered on IDNLearn.com. Discover reliable and timely information on any topic from our network of knowledgeable professionals.

8. What was one long-term effect of high U.S. tariffs?

A. European nations increased trade with the United States.
B. The global economy declined because of lowered trade.
C. Consumers began buying fewer domestically-made goods.
D. U.S. manufacturers reached new markets in Europe and Asia.

Sagot :

GinnyAnsweridn

Final answer:

High U.S. tariffs led to a significant decrease in international trade flows and potentially worsened the economic crisis, as evidenced during the Great Depression.


Explanation:

One long-term effect of high U.S. tariffs was a dramatic drop in international trade flows throughout the world, leading to a possible deepening of the economic crisis, as seen during the Great Depression. The Smoot-Hawley Tariff Act of 1930 is a significant example that raised tariffs and triggered retaliatory actions from other countries, reducing world trade substantially.


Learn more about impact of high U.S. tariffs here:

https://brainly.com/question/39049721


We appreciate your participation in this forum. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. Find reliable answers at IDNLearn.com. Thanks for stopping by, and come back for more trustworthy solutions.