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Smoot-Hawley

/smut ˈhɔli/ /smuːt ˈhɔːli/
noun
GeneralBusiness
  1. 1 Smoot-Hawley
  2. 2 gümrük tarifelerini artırarak misillemelere yol açan ve Büyük Buhran'ı derinleştiren ABD yasası

Definition (English)

  1. A 1930 US law that raised import duties significantly, worsening the global economic crisis.
  2. A US act that increased tariffs, leading to retaliatory measures and contributing to the Great Depression.

Example Sentences

  1. The Smoot-Hawley Tariff Act is often blamed for economic problems.
    Smoot-Hawley Tarife Yasası sıklıkla ekonomik sorunlardan sorumlu tutulur.
  2. Historians debate the full impact of Smoot-Hawley.
    Tarihçiler Smoot-Hawley'nin tam etkisini tartışıyor.

Collocations

smoot-hawley actsmoot-hawley tariffsmoot-hawley lawsmoot-hawley effects

Related Words

import dutiestariffstrade policygreat depressioneconomic crisisus law