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 27 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
Thanks for the timely response, appreciate it

chereeb

  • Member
  • Posts: 326
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Multisystem effects of multiple sclerosis. Multisystem effects of multiple sclerosis.
Generally, the total tax burden in the United States is much lower than that of other industrialize Generally, the total tax burden in the United States is much lower than that of other industrialize
Adverse Effects of the Conventional Antipsychotics Adverse Effects of the Conventional Antipsychotics
The inverse-square law and its effects. Doubling your distance away from a radioactive material ... The inverse-square law and its effects. Doubling your distance away from a radioactive material ...
Per capita consumption of power is high in the developed world and highest in the United States Per capita consumption of power is high in the developed world and highest in the United States
The constitutional division of Powers Between the National Government and the States The constitutional division of Powers Between the National Government and the States
Video: Mechanics of Sound Animation

For a complete list of videos, visit our video library