Question
1.Rustici says that most modern economists do not consider the Smoot-Hawley tariff a significant cause of the Great Depression. Why reasoning do these economists give
1.Rustici says that most modern economists do not consider the Smoot-Hawley tariff a significant cause of the Great Depression. Why reasoning do these economists give for their belief?
2.Rustici argues that despite the beliefs of most modern economists, the Smoot-Hawley tariff was significant contributor to the Great Depression because it had effects beyond trade with other countries. What other effects did the Smoot-Hawley tariff have on the economy and what impact did they have in terms of the Great Depression?
Resource
https://www.econtalk.org/rustici-on-smoot-hawley-and-the-great-depression/
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