The Policy That Asserted That the United States Was the Guarantor

question 61

Multiple Choice

The policy that asserted that the United States was the guarantor of political, military, and economic stability in Latin America and the Caribbean was called the

• A)Louisiana Purchase.
• B)Monroe Doctrine.
• C)Madison Policy.
• D)Roosevelt Corollary.

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Definitions:

Maximum Price

The highest price a buyer is willing to pay for a good, service, or financial instrument.

Non-Redeemable GICs

Guaranteed Investment Certificates that cannot be cashed in before their maturity date without incurring a penalty.

Maturity Value

The amount of money an investment will be worth at the end of its term, including the original principal and all accrued interest.

Commercial Paper

An unsecured, short-term debt instrument issued by corporations, typically used for the financing of payroll, accounts payable, and inventories.