PUBPOL 201 Chapter Notes - Chapter 1: Cordell Hull, Free Trade

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<> Since the trade agreements act of 1934, there have been two main direct decision-making centers with respect of u. s. trade policy, namely, the president or executive branch and the. Congress while making the president responsive to congressional protectionists wishes. Smoot hawley worldwide collapse of economic activity sharp increase in trade barriers against us goods majority power of democrats of both houses of congress plus the presidency: the us depression precluded a unilateral production and trade. Smoot-hawley tariff act of 1930: set significant shift in us trade policy in the early 1930s race import duties to the heights that were unprecedented. Democrats traditionally prefer lower tariffs and republicans: cordell hull, architect of us trade policy in roosevelt admin: reduced us tariffs for other countries that cut in tariffs for us goods. Review: what two branches of the us government are the main decision-making centers with respect of.

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