Question

What was the effect of the Embargo Act of 1807?

Northern merchants suffered from having to compete with European goods.

Trade between the United States and Europe halted, devastating the American economy.

Southern plantation owners were made rich due to the taxation of foreign cotton.

Heavy taxation on imported British goods led to an increase in the national surplus.

Answer 1

Trade between the US and Europe halted, deviating the American economy is the correct answer.