Which of the Following Best Explains the Rationale Behind the Roosevelt

question 72

Multiple Choice

Which of the following best explains the rationale behind the Roosevelt Corollary to the Monroe Doctrine?

• A) The United States believed it should extend financial aid to Latin America to help raise the standard of living in the region.
• B) The United States believed that it had the right to colonize Latin America to exploit the resources of the region.
• C) The United States believed it had the right to intervene in the political and financial affairs of Latin American nations so that the region could be stabilized and intervention by European nations prevented.
• D) The United States believed it had an obligation to help the Latin American countries find the political system best suited to their culture.

---

Definitions:

Separate Markets

Economic markets that are distinctly separated by geographical boundaries, preferences, or other factors, preventing the mixing of products or services.

Resold

The action of selling an item or asset that has previously been sold or owned by someone else.

Monopolist's Profits

The earnings a monopolist achieves, which are typically higher than in competitive markets due to the ability to set prices above marginal costs.

Demand Curve

A graphical representation that shows the relationship between the price of a good and the quantity demanded by consumers at those prices, typically downward sloping.