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What happened with nations limited foreign trade during the Great Depression

User Dahrens
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2 Answers

1 vote

Answer:

The Great Depression and international trade are deeply linked, with the decline in the stock markets affecting consumption and production in various countries. This slowed international trade, which in turn exacerbated the depression.

User Deolinda
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6 votes

Answer:

Their foreign trade went down by about 50%

Step-by-step explanation:

The Great Depression occurred around August 1929 and lasted till around March 1933.

It was a period in which all the nations including the wealthy and the poor had ugly experiences in terms of economic sustenance and financial capability.

Asides from the downward spiral in individual income, tax revenue, profits, and prices of commodities and services, the nation's limited foreign trade went down by about 50%.

User IamIcarus
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