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How did measures such as the smoot-harvey tariff and the british abandoment of the gold standard affect the global economy in the 1930s?

Answer:
Very differently. Smoot-Hawley acted as a brake on international trade which had already contracted in the previous year. Britain's devaluation on the the other hand made exports more competitive and pointed the way to reversing the international decline in prices. Other countries followed, including the US in 1933.
First answer by ID0000000000. Last edit by ID1198141392. Question popularity: 0 [recommend question].

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