Want this question answered?
The Dollar Diplomacy
Dollar Diplomacy
what is the currency in Nariobi? What is its equivalence to the America dollar what is the currency in Nariobi? What is its equivalence to the America dollar
When the dollar depreciates (dollar price of foreign currencies rises), U.S. exports rise and U.S imports fall.
American currency is based on the dollar. Depends on which part of America... it's a large continent: * Canada: Dollar * United States of America: Dollar * Chile: Peso * Mexico: Peso * Brazil: Real * Colombia: Peso * Bolivia: Boliviano * Peru: Sol * Argentina: Peso * Uruguay: Peso * Paraguay: Guarani * Venezuela: Bolivar * Guyana: Dollar * ...
Dollar diplomacy
Dollar diplomacy in Latin America produced loans to foreign countries.
i wish i knew
Greater economic influence for the United States. Apex Yo.
The US Dollar Diplomacy in Latin America was often accompanied by military intervention. -Apex ;)
The result of President Taft's dollar diplomacy was that American investments in Latin America increased.
U.S. Dollar Diplomacy in Latin America was often accompanied by military intervention.
Dollar diplomacy in Latin America resulted in increased American intervention in the region through financial and economic means. This often led to the establishment of American-controlled businesses, infrastructure projects, and loans that heavily influenced Latin American economies and politics. Some viewed it as a form of economic imperialism, generating resentment and anti-American sentiments in the region.
The result of President Taft's dollar diplomacy was that American investments in Latin America increased.
The purpose of Dollar Diplomacy is to use the power of money, i.e. US Dollars, to influence regions such as Latin America and East Asia. This was done by funding huge loans in order to further their aims.
President Taft engaged in what came to be known as Dollar Diplomacy from 1909 to 1913. The idea behind it was that the purpose of peace and stability in Latin America was to protect America's financial and business interests.
The results of these policies were all aimed at asserting U.S. influence and control in Latin America. They all sought to promote American economic interests under the guise of promoting stability and democracy in the region. However, they often led to resentment and resistance from Latin American countries that viewed these policies as imperialism.