asked 42.2k views
25 votes
What were the pros and cons of the smoot Hawley act

asked
User NANNAV
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8.2k points

1 Answer

8 votes
Cons: many overseas banks began to fail, early loss of confidence on Wall Street
Pros: regulate commerce with foreign countries, encourage the industries of the US, protect American labor
answered
User Bialy
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8.2k points
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