Latin America was all motivated by an interest in acquiring new markets and sources of raw materials.
<h3>What policy did the US take toward China?</h3>
The United States and China inked a bilateral trade deal and restored diplomatic ties in 1979. As a result, trade between the two countries grew quickly, from $4 billion (exports and imports) in that year to nearly $600 billion in 2017.
Thus, the annexation of Hawaii, the open door policy with china, and the construction of the Panama canal in Latin America were all motivated by an interest in acquiring new markets and sources of raw materials.
The Cold War was a long period of tension between the democracies of the Western World and the communist countries of Eastern Europe. The west was led by the United States and Eastern Europe was led by the Soviet Union. These two countries became known as superpowers.
Price is dependent on the interaction between demand and supply components of a market. Demand and supply represent the willingness of consumers and producers to engage in buying and selling. An exchange of a product takes place when buyers and sellers can agree upon a price.
