Which outcomes resulted from the passage of the Hawley-Smoot Tariff Act? Check all that apply.Countries around the world increased their tariffs in response.Trade gradually increased as taxes on imports fell.Domestic industries initially benefited from new tariffs.Imports and exports exchanged between the United States and Britain fell by nearly 66%.Countries such as Germany and Austria were able to control their economic downturn.

The Hawley-Smoot Tariff raised U.S. import duties, and other countries responded by raising tariffs of their own. The higher duties initially offered some protection to domestic industries, but retaliation contributed to a sharp decline in trade; trade between the United States and Britain fell by nearly 66%. Trade did not gradually increase as import taxes fell, and Germany and Austria did not thereby control their economic downturn.

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