A counterfactual simulation suggests that almost a quarter of the observed 40% drop in United States imports during the Great Depression can be attributed to the increase in the effective tariff, which includes the Smoot-Hawley Tariff Act and deflation.

Authors

• Person: Not available Organization: Wikipedia
  History of tariffs in the United States - Wikipedia

Sources

• History of tariffs in the United States - Wikipedia en.wikipedia.org Wikipedia via serper

Referenced by nodes (4)

• U.S. location
• tariff concept
• Smoot-Hawley Tariff Act of 1930 concept
• Great Depression event