(A) the US had a moral duty to help nations in need
(B) ** the US should invest in foreign nations and US interests in these nations
(C) the US should spread democracy to the backwards nations of Latin America
(D) the US needed to remove itself for poor investments in foreign nations
EXPLANATIONS BELOW
Concept note-1: -Dollar Diplomacy, foreign policy created by U.S. Pres. William Howard Taft (served 1909–13) and his secretary of state, Philander C. Knox, to ensure the financial stability of a region while protecting and extending U.S. commercial and financial interests there.
Concept note-2: -He pursued a program, known as “dollar diplomacy, ” designed to encourage U.S. investments in South and Central American, the Caribbean, and the Far East.
Concept note-3: -Definition of ‘dollar diplomacy’ 1. the policy of using the economic power or influence of a government to promote and protect in other countries the business interests of its private citizens, corporations, etc. 2. the use of economic power by a country to further foreign policy goals.
Concept note-4: -U.S. interference in Nicaragua, China, and Mexico in order to protect American interests are examples of dollar diplomacy in action.