History

Haylee Mahoney

25 May, 10:48

What was an impact of the Fordney-McCumber Tariff Act of 1922 that led to an increased American economy?

1. Tariffs were reduced, leading to more international trade.

2. It cost less to purchase American-made goods.

3. Stocks increased as a result of lower tariffs.

4. The U. S. and Mexico agreed to conduct free trade with each other.