At the Time It Was Issued, the Monroe Doctrine Was

question 32

Multiple Choice

At the time it was issued, the Monroe Doctrine was

• A) a mere presidential declaration incapable of being enforced by the United States.
• B) greeted with enthusiasm and gratitude in South America.
• C) universally acclaimed in Britain as a great act of statesmanship.
• D) welcomed with relief by European powers who as a check on British expansion.
• E) acclaimed by anti-imperialist liberals and democrats in Europe.

---

Definitions:

Nonrenewable Resource

A natural resource that cannot be replenished at a rate to match its consumption, such as fossil fuels or minerals.

User Cost

The cost associated with the use of a product or service, including wear and tear, depreciation, and the opportunity cost of not using the asset for an alternative purpose.

Extraction Cost

The expenses associated with the removal of raw materials from their natural setting, including mining, drilling, and quarrying activities.

Interest Rates

The cost of borrowing money or the return on investment for savings, typically expressed as a percentage of the principal.