Yes they should have been actively involved in Latin America
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Answer:
It is Imperialism.
Explanation:
The US's imperialist policy began in the late 1890s, when the Spanish-American War broke out. The Americans won, and occupied Cuba, the Phillipines, and also Guam. In the same year, the US also passed the Newlands Resolution, which allowed the US to annex Hawaii.
According to the graph, in this market, a price of $1.50 would be equilibrium.