一些经济学家认为，斯姆特-霍利法案是导致美欧之间贸易规模从1929年的历史高位急遽衰退到1932年历史低位的催化剂—这次衰退伴随着的是大萧条的开始。
《斯姆特-霍利关税法》是一个灾难，但它并不是一种典型的关税法。
Smoot-Hawley was a disaster, yet it was not a typical tariff.
实际上，没有几个经济学家认为斯姆特-霍利关税法案是大萧条的主要原因。
In fact, few economists think the Smoot-Hawley tariff (as it is most often known) was one of the principal causes of the Depression.
但是在全球化的今天，供应链遍布世界各地，货物能够即时送达，危害程序比斯姆特-霍利关税法小的多的法案就可以破坏全球经济。
But today’s globalised economy, with far-flung supply chains and just-in-time delivery, could be disrupted by policies much less dramatic than the Smoot-Hawley act.
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