FTP, a petition signed by a thousand economists failed to stop what 1930 tariff act, a major factor in worsening the Great Depression?
It is blamed for triggering the "beggar-thy-neighbor" phenomenon and for creating the sugar crisis which brought Fulgencio Batista to power in Cuba. Sponsored by the Utah chair of the Senate Finance Committee and the Oregon chair of the House Ways and Means Committee, it raised the levels set by the Fordney-McCumber Act to an average of sixty percent and remained in force until the Reciprocal Trade Agreements Act was passed in 1934. FTP, a petition signed by a thousand economists failed to stop what 1930 tariff act, a major factor in worsening the Great Depression?
It is blamed for triggering the "beggar-thy-neighbor" phenomenon and for creating the sugar crisis which brought Fulgencio Batista to power in Cuba.
Hawley-Smoot Tariff Act [or Smoot-Hawley Tariff Act; accept United States Tariff Act of 1930 before "1930" is read]