The two outcomes that reflect the domestic impact of the Smoot-Hawley Tariff negatives, one of them is that it "reduced foreign purchases of agricultural products, contributing to overproduction domestically."
The other effect of the Smoot-Hawley Tariff is that it "inspired further tariffs on a wide array of products, signaling a shift to economic isolationism."
This is evident in the fact that after the passage of the Smoot-Hawley Tariff by President Hoover in 1929, many European nations made similar Acts which backfired to many negatives.
Many European nations stopped purchasing American goods because more tariffs were also placed on American goods.
The Smoot-Hawley Tariff was passed to increase the tariff of foreign goods, particularly agricultural and industrial goods.
Hence, in this case, it is concluded that the correct answer is options A and D.
Learn more here: https://brainly.com/question/7440091
Answer:
The two outcomes that reflect the domestic impact of the Smoot-Hawley Tariff negatives, one of them is that it "reduced foreign purchases of agricultural products, contributing to overproduction domestically."
The other effect is "inspired further tariffs on a wide array of products, signaling a shift to economic isolationism."
Explanation:
