What Was the Reason for Issuing the Monroe Doctrine?​

question 119

Multiple Choice

What was the reason for issuing the Monroe Doctrine?​

• A)​To stop competing cotton interests in Latin America.
• B)​To use the principal of Manifest Destiny to expand into South America.
• C)​To prevent further European expansion in the Western Hemisphere.
• D)​To allow the US to use newly independent Latin American countries for raw materials in industrialization.
• E)​To allow American bounty hunters to have jurisdiction in Latin America over runaway slaves.

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Definitions:

NCI

An interest in a subsidiary not held by the controlling parent, representing a share of the subsidiary’s equity and profits or losses not owned by the parent company.

Subsidiary

A company that is controlled by another company, usually referred to as the parent company, through ownership of more than 50% of its voting stock.

Non-controlling Interest

Equity interest in a subsidiary held by investors other than the parent company, representing their claim to the subsidiary's earnings and assets.

Entity Method

an approach in accounting where the financial transactions of a parent company and its subsidiaries are kept separate, instead of being consolidated.