ccording to the American Yawp, all of the following are true of the Smoot-Hawley Tarriff of 1930 except: Group of answer choices It was a measure taken by President Herbert Hoover to curb the effects of the Depression It was intended to promote domestic consumption and limit foreign competition It led to a 78 percent increase in American exports It led to the adoption of high tariffs by countries worldwide - effectively stopping international trade