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EH.Net Encyclopedia: Smoot-Hawley Tariff (3465 words) |
 | Hoover took office on March 4, 1929 and immediately called a special session of Congress to convene on April 15 for the purpose of raising duties on agricultural products. |
| If net exports fell as a result of Smoot-Hawley, then the tariff would have had a negative macroeconomic impact; it would have made the Depression worse. |
| In real terms, net exports did decline by about $.7 billion between 1929 and 1933, but this amounts to less than one percent of 1929 real GDP and is dwarfed by the total decline in real GDP between 1929 and 1933. |
| Office of Net Assessment - SourceWatch (2248 words) |
| It was also the office that persistently called attention to the vast overestimates of the Soviet GNP that were put out by the CIA during the Cold War. |
| The objective of a net assessment, as perfected by Marshall's office, was to provide an even-handed look at both sides of complex military competitions, examining the long-term trends and present factors that govern the capabilities of the United States and its potential enemies. |
| An ONA study from the mid-nineties stated that Beijing's military was modernizing so rapidly that the People's Liberation Army would soon be able to defeat the United States in a regional conflict in Asia. |
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