Tariff Act Of 1930

Business / Agriculture / Tariff Act Of 1930: P.L. 71-361, also known as the Smoot-Hawley Act, raised U.S. import tariffs to their highest levels in history, prompting U.S. trading partners to adopt their own retaliatory trade barriers and exacerbating the Great Depression. Ensuing U.S. policies have virtually eliminated the Act’s most onerous provisions, but some elements of the amended law still serve as the authorizing vehicle for a number of general trade provisions of importance to the agricultural sector, including countervailing duties, antidumping duties, and country-of-origin labeling.

Other Words for Act

Act Noun Synonyms: deed, action, undertaking, operation, step, move, feat, exploit, accomplishment, achievement
Act Verb Synonyms: behave (oneself), carry on, deport oneself, comport oneself, conduct oneself

Other Words for Tariff

Tariff Adjective Synonyms: schedule (of charges), price-list, bill of fare, menu
Tariff Verb Synonyms: tax, assessment, duty, excise, levy, impost, toll, rate

Country-Of-Origin Labeling

Business / Agriculture / Country-Of-Origin Labeling: Under Section 304 of the Tariff Act of 1930, as amended, most products entering the United States must be clearly marked so that the 'ultimate purchaser' can identify the country of origin. Imported m MORE

Overreaction Hypothesis

Business / Finance / Overreaction Hypothesis: The supposition that investors overreact to unanticipated news, resulting in exaggerated movements in stock prices followed by corrections. MORE

Oxidation Half Reaction

Science / Chemistry / Oxidation Half Reaction: That part of a redox reaction that involves loss of electrons. In the oxidation half reaction, the oxidation number of one or more atoms within the reactants is increased. MORE