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Which of the following is the best description of “dollar diplomacy,” a foreign policy approach taken by the administration of President Taft? A) Using the United States’ economic clout to coerce countries into agreements beneficial to the United States. B) Using demonstrations of naval force, implying a threat if the nation in question does not submit to terms agreeable to the United States. C) Providing economic aid to growing Latin American countries to promote stability in the Western Hemisphere.
William Howard Taft was the American president between 1909 to 1913. He followed a foreign policy known as Dollar diplomacy and concentrated on dividing the foreign affairs department into geographic locations of the Far East, Western Europe, and Latin America.
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