This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Describe the effects of the Smoot-Hawley tariff imposed by the United States in 1930. What will ... (Read 94 times)

Redwolflake15

  • Hero Member
  • *****
  • Posts: 569
on: Jun 30, 2018
Describe the effects of the Smoot-Hawley tariff imposed by the United States in 1930.
 
  What will be an ideal response?

Question 2

Write an essay on the importance of a sound banking system in developing countries.
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

momolu

  • Sr. Member
  • ****
  • Posts: 320
Reply #1 on: Jun 30, 2018
Answer to Question 1

Had a damaging effect on employment abroad. The foreign response involved retaliatory trade restrictions and preferential trading arrangements among group of countries. This is an example of beggar-thy-neighbor policy, meaning a policy that benefits the home country only because it worsens economic conditions abroad.

Answer to Question 2

See for example the vivid example of Chile in 1981-1982 experience. Students should explain the phenomena of moral hazard as a part of their answer.


Redwolflake15

  • Member
  • Posts: 569
Reply 2 on: Jun 30, 2018
Gracias!

matt95

  • Member
  • Posts: 317
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Bilingualism in the United States Bilingualism in the United States
Booker T. Washington in his office at Tuskegee Institute, 1900. Washington chose a policy of accommo Booker T. Washington in his office at Tuskegee Institute, 1900. Washington chose a policy of accommo
The United States is the most racially– ethnically diverse society in the world. This can be our ... The United States is the most racially– ethnically diverse society in the world. This can be our ...
Continental United States Hurricane Strikes from 1950-2011 Continental United States Hurricane Strikes from 1950-2011
Decomposition of Productivity Gap Between India and the United States Decomposition of Productivity Gap Between India and the United States
Fraction of obese individuals by state in 1998 and 2008. In 1998, 42 states had obesity rates below Fraction of obese individuals by state in 1998 and 2008. In 1998, 42 states had obesity rates below
Video: Double Stranded DNA Molecule Animation

For a complete list of videos, visit our video library