(A) ** The United States helped arbitrate the debt settlements that led to the blockade and adopted a policy of intervention in Latin American affairs known as the Roosevelt Corollary to the Monroe Doctrine.
(B) The United States negotiated a peaceful end to the blockade in exchange for Venezuela’s aid in fomenting revolution in Colombia and gaining the territory to construct the Panama Canal.
(C) The United States bought the rights to the Venezuelan debt that had led to the blockade, effectively ending the blockade and securing peaceful relations with Venezuela.
(D) The United States deployed its navy to secure safe passage for US trading ships and successfully undermined the blockade until the European powers ended the unsuccessful blockade.
EXPLANATIONS BELOW
Concept note-1: -The Venezuelan crisis of 1895 occurred over Venezuela’s longstanding dispute with the United Kingdom of Great Britain and Ireland about the territory of Essequibo and Guayana Esequiba, which Britain claimed as part of British Guiana and Venezuela saw as Venezuelan territory.
Concept note-2: -The Monroe Doctrine had been sought to prevent European intervention in the Western Hemisphere, but now the Roosevelt Corollary justified American intervention throughout the Western Hemisphere.