Examine Figure 8.1 carefully. In what periods were U.S.tariffs high? When were they low? How do you
Question:
Examine Figure 8.1 carefully. In what periods were U.S.tariffs high?
When were they low? How do you explain these patterns?
Transcribed Image Text:
0 1792 1798 1804 10 20 30 30 18103 1816 1822 1828 1834 1840 1846 40 50 50 70 War of 1812 60 1852 1858 1864 1870 18763 1882 1888 1894 1900 19063 19123 1918 1924 1930 Civil War tariffs Tariff of Abominations Smoot-Hawley Tariff 1936 1942 1948 1954 1960 1966 1972 1978 1984 1990 1996 2002 2005
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