Question

Which of the following U.S. actions characterizes the foreign policy of dollar diplomacy

Answer 1

Dont know if this helps but someone answered the same question http://www.chacha.com/question/which-of-the-following-u.s.-actions-characterizes-the-foreign-policy-of-dollar-diplomacy

Answer 2

Dollar Diplomacy involved arrangements by which insolvent foreign governments gained access to U.S. private bank loans in return for direct U.S. financial supervision or for acting as part of an economic consortium of great powers. Often U.S. financial experts tied to the loan process assumed the tasks of fiscal reorganization and administrative management within the client country, while U.S. government emissaries orchestrated the arrangements. Imposed fiscal reforms included adoption of the gold standard, "scientific" tax reform, and administrative rationalization.

The phrase is a loose one, indiscriminately applied to decades of economic policies ranking from trade with British and Spanish colonies to penetration by multinational corporations. In its most conventional sense, it focuses on the presidency of William Howard Taft. In his first annual message, dated 7 December 1909, Taft said, "Today, more than ever before, American capital is seeking investment in foreign countries." In his final annual message, dated 3 December 1912, he boasted that his administration was characterized as "substituting dollars for bullets." Secretary of State Philander Knox, an avid promoter of dollar diplomacy, well articulated such goals on 15 June 1910: "The problem of good government is inextricably interwoven with that of economic prosperity and sound finance."

Read more: http://www.answers.com/topic/dollar-diplomacy#ixzz2M9C03inh