USA HISTORY

THE ROARING 20S 1920 1929

AMERICAN POLITICS IN THE 1920S

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Maintaining trading opportunities in China for United States businesses was the primary purpose of
A
the Open Door Policy
B
the Roosevelt Corollary
C
the Gentlemen’s Agreement
D
Dollar Diplomacy
Explanation: 

Detailed explanation-1: -The purpose of the Open Door Policy was to protect the interests of the United States in establishing trade with China.

Detailed explanation-2: -These Open Door Notes aimed to secure international agreement to the U.S. policy of promoting equal opportunity for international trade and commerce in China, and respect for China’s administrative and territorial integrity.

Detailed explanation-3: -Definition. The term “open door policy” refers to the proposition to keep trade in China open equally to trade with all countries, preventing any one nation from controlling trade in the region. The policy also called for powers to respect Chinese territorial integrity.

Detailed explanation-4: -The Open Door Policy was a clever move on the part of the United States to create trade opportunities between the U.S. and China while additionally asserting American interests in the Far East. In the short term, the Open Door Policy allowed the United States to expand its markets for industrialized goods.

Detailed explanation-5: -The U.S. trade with China is part of a complex economic relationship. In 1979 the U.S. and China reestablished diplomatic relations and signed a bilateral trade agreement. This gave a start to a rapid growth of trade between the two nations: from $4 billion (exports and imports) that year to over $600 billion in 2017.

There is 1 question to complete.