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Smoot- Hawley Act Why were the tariff rates changed in 1930? What was the mechanism of tariff revisions? Why did the economists oppose tariff increases?

Smoot- Hawley Act

Why were the tariff rates changed in 1930? What was the mechanism of tariff revisions?

Why did the economists oppose tariff increases?

What economic goals did the politicians want to achieve by increasing tariffs? What were the results of their policy?

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