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  • 25-10-2021
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what was the Fordney-McCumber Tariff ?

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sfdbateastjra82
sfdbateastjra82 sfdbateastjra82
  • 25-10-2021

Answer:

The Fordney–McCumber Tariff of 1922 was a law that raised American tariffs on many imported goods to protect factories and farms. The US Congress displayed a pro-business attitude in passing the tariff and in promoting foreign trade by providing huge loans to Europe. That, in turn, bought more US goods.

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