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During the Great Depression, the Smoot-Hawley legislation caused
the U.S. dollar to appreciate in value due to the stimulus it provided to import/export business.
the U.S. dollar to appreciate in value because it directed the government to reduce trade barriers with European countries.
the U.S. dollar to appreciate because it reduced the supply of U.S. currency on the international market by increasing the price of imports coming to America.
the U.S. dollar to appreciate because it created artificial demand for U.S. money in foreign lands due to the sharp increase of import taxes.
the U.S. dollar to appreciate because it reduced the government's reliance on foreign oil for the armed forces around the world.