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In 1930 the United States passed the Smoot-Hawley Tariff Act, which ________. led to the consolidation of the U.S. banking system instituted strict regulations to contain intellectual property theft opened foreign markets for U.S. agricultural products raised U.S. tariffs to near-record highs of more than 50 percent

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Answer: raised U.S. tariffs to near-record highs of more than 50 percent

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User Aleksei Zhigulin
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