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madam [21]
3 years ago
11

US Secretary of State John Hay established the policy, which opened China s ports to European trade

History
2 answers:
Goryan [66]3 years ago
7 0
Answer;
The open door policy

Explanation;
Us secretary of state John Hay established the Open door policy which opened China's ports to European trade. 
Open Door policy was a statement of principles initiated by the United States in 1899 and 1900 for the protection of equal privileges among countries trading with China and support of Chinese territorial and administrative integrity. John Hay, the secretary of state proposed this policy under president McKinley towards China for all countries.
yan [13]3 years ago
7 0
US Secretary of State John Hay established the "Open Door" policy, which opened China's ports to European trade, since the US wanted to benefit from the plethora of trading opportunities that dealing with China offered. 
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I better get to the point. It has to do with the fact that the United States couldn't sell an abundance of manufactured goods. A has to do with that, but it wasn't exactly a decline in the manufacturing industry. It was that she couldn't sell what she had in inventory.

Inflation didn't become a problem in a post WWI environment. In fact, the problem was deflation and unemployment in the 30s, but that is a decade away from this question.

This is one of those questions that a guess is as good as an answer. Britain didn't import which is the same thing as a trade imbalance. I would pick E but I think that D is very possible. They are both worded the wrong way.There was a drop off in American Exports. And Farm prices cratered. Does that mean that Americans were buying more British goods. It is not D if America couldn't sell anything to Britain.

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