If refers to Roosevelt belief that the US had the right to serve as a police officer in the Western Hemisphere and to intervene in the internal affairs of the Latin American countries.
Explanation:
The protection of their interests by the States was not limited to declaratory statements.
Several interventions are put into practice.
So, in 1903, the US Army left for Panama.
Under the guidance of US advisers, he raised a rebellion in Colombia. As a result, part of the territory was cut off from Columbia, and a new state - Panama was created.
In 1904, the United States established a political protectorate over the Dominican Republic.
In this case, any value given up by not choosing to
<span> spend or save the money is the "opportunity cost", because the money </span>could be spent elsewhere. "trade offs" and opportunity costs are very similar though in economics.