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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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7y ago

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The Dollar Diplomacy was President Taft's effort to manipulate other countries by making loans to them.

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11y ago
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Q: What was the dollar diplomacy?
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