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Continue Learning about General History
What is the name of the policy that replaced European loans with US loans in Latin America?
Dollar Diplomacy
Which president favored dollar diplomacy in Latin America?
President William Howard Taft
What was the goal of roosevelts big stick policy and tafts dollar diplomacy towards latin america?
There were two goals that Roosevelt had when making the policy and Taft dollar towards Latin America. The two goals that Roosevelt has were power and money.
Big stick diplomacy in latin America?
Increased United States power in Latin America.
What was the dollar diplomacy?
Dollar Diplomacy is the term used to describe the efforts of the United States - particularly under PresidentWilliam Howard Taft - to further its foreign policy aims in Latin America and East Asia through use of its economic power by guaranteeing loans made to foreign countries.
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