How did tariffs negatively affect the global economy during the Great Depression?

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asked Aug 1, 2017 17.0k views

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IberoMedia · Answer 1 · 2017-08-04T21:52:52+0000

The main way in which tariffs negatively affected the global economy during the Great Depression was that they discouraged trade between nations, which inevitably led to a worldwide decrease in GDP since export suffered.

How did tariffs negatively affect the global economy during the Great Depression?

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