What is one way that new deal policies reformed economic institutions affected by the economy?

In 1934, the Reciprocal Tariff Act, outlined by Cordell Hull, granted the president power to negotiate bilateral, reciprocal trade agreements with other countries. The act permitted Franklin D. Roosevelt to liberalize American trade policy around the world, leading in the era of liberal trade policy.

c. free trade can lead to low pay for workers in poorer countries.