15. Quiz Name:_______
1.What was the name of the tariff act in 1930?
2.What did the act raise the average tariff rate to?
3. By what percent did exports from the U.S. to Europe fall by from 1929 to 1932?
4.What product do Idaho politicians want to protect from foreign competition?
5.Why is the U.S. President in a better position to negotiate trade agreements than other elected officials?
6.What two important things happen at Brenton-Woods in 1944?
7.What is GATT and when was it created?
8.What replaced GATT and what year did it occur?
9.What important economic event happened on Sunday, August 15, 1971?
22. What did the act raise the
average tariff rate to?
23. What did the act raise the
average tariff rate to?
24. What did the act raise the
average tariff rate to?
41 percent
25.
26.
27. By what percent did exports
from the U.S. to Europe fall by
from 1929 to 1932?
28. By what percent did exports
from the U.S. to Europe fall by
from 1929 to 1932?
29. By what percent did exports
from the U.S. to Europe fall by
from 1929 to 1932?
67 percent
30. What product do Idaho
politicians want to protect from
foreign competition?
31. What product do Idaho
politicians want to protect from
foreign competition?
32.
33. Why is the U.S. President in a better
position to negotiate trade agreements
than other elected officials?
34. Why is the U.S. President in a better
position to negotiate trade agreements
than other elected officials?
35. Why is the U.S. President in a better
position to negotiate trade agreements
than other elected officials?
Only nationally elected official
36. Why is the U.S. President in a better
position to negotiate trade agreements
than other elected officials?
Only nationally elected official
Represents everyone
39. What two important things happen at
Brenton-Woods in 1944?
International Monetary Fund (IMF)
40. What two important things happen at
Brenton-Woods in 1944?
International Monetary Fund (IMF)
International Bank for Reconstruction
and Development (World Bank)
