(A) ** provide money and foreign investment
(B) serve as an international police power
(C) promote democracy and moral progress
(D) support the Monroe Doctrine
EXPLANATIONS BELOW
Concept note-1: -President Taft was more committed to the expansion of U.S. foreign trade than was Roosevelt. 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-2: -Dollar diplomacy was meant to secure the financial prosperity of the United States and secure its superiority over other nations. In dollar diplomacy foreign policy, the United States lent money to foreign countries in return for the ability to make decisions for the governments of those countries.
Concept note-3: -Which of the following is the BEST summary of William Howard Taft’s foreign policy called Dollar Diplomacy? The United States should have trading rights over every other nation.