Author Question: Historically barriers to development in the U.S., such as the dry deserts of some of the country's ... (Read 59 times)

ec501234 · **on:** Jun 30, 2018

Historically barriers to development in the U.S., such as the dry deserts of some of the country's western states, have been solved by

(a) only government action.
(b) only private action.
(c) a blend of government and private actions.
(d) foreign expertise.

Question 2

The Smoot-Hawley Tariff Act of 1930, like any tariff act, increased the price of the taxed imported goods as well as the domestic price of U.S. goods and services produced in the industries favored by the tariff.

Consequently, any tariff negatively impacts U.S. consumers by forcing them to pay higher prices. Indicate whether the statement is true or false