Question

Select two results of Hay's "Open Door Policy:"

Answer 1

The correct statements are:

1) It allowed imports and exports to be taxed equally- This way no country had a distinct advantage over another.

2) It allowed all countries equal trading rights with China.

Ultimately, Hays initiated this policy in order to benefit American business leaders. His goal was to make sure no one European country acted as a monopoly when trading with China. Even though this never becomes a formal international law, it does have a great effect on the Chinese and American economy.

Answer 2

Answer:

It allowed all countries equal trading rights with china and it allowed imports and exports to be taxed equally are the correct answers.

Explanation:

Open Door Policy was one of the most important Policy which affected Asian, US and European trade for decades and led to the Japanese American conflict in World War Two. The open door policy was and agreement between US , Japan, China and other European countries. It was created by John Hay in 1900 and lasted for 50 years. this policy was created because US Hay wanted to protect its trade with China as he was afraid the other European countries would block US trade with china. Secretary of State John Hay circulated diplomatic  notes with all major powers in 1899 to get the policy approved, all the major powers accepted it except Japan. It was meant to prevent any country from forming monopoly over trade with China.