Question

What effect did dollar diplomacy have on the relationship between the United States and Latin American countries?

Answer 1

Answer:

Letter A

Explanation:

Dollar diplomacy of the United States—particularly during President William Howard Taft's term— was a form of American foreign policy to further its aims in Latin America and East Asia through use of its economic power by guaranteeing loans made to foreign countries.

Answer 2

Answer:

The dollar diplomacy raised the impact of United States in Latin American Countries. Thus the correct answer is Option A

Explanation:

The dollar diplomacy took place during the presidential time of President William Howard Taft. This diplomacy can be explained as a form which was designed by the foreign policy of America to reduce the use or threat of military power.

Further the US government wanted to show their financial power by giving loan to other countries. Through this policy, the government of United States wanted to show Latin America and East Asia their financial power and strength.