President theodore roosevelt created the basis for dollar diplomacy in 1904 with the roosevelt corollary to the monroe doctrine.
the policy of dollar diplomacy stated that a.the united states would go to war to prevent further colonization of africa.
b.the united states would invade any nation that threatened its trade routes to asia.
c.the united states would use its navy to ensure economic stability in the eastern hemisphere.
d.the united states would use military force to protect its economic interests in the western hemisphere.
