The Neutrality Treaty helps ensure that global trade networks can continue to function, regardless of what conflicts and political arguments may be going on in the world.
The Neutrality Treaty abolished the Canal Zone, but stated that the U.S. still had the right to operate and maintain the canal and its surrounding lands.
The Neutrality Treaty ensures the safe passage of cargo ships around Cape Horn, which is crucial for global trade.
The Neutrality Treaty gave the U.S. control of land in Panama which, in turn, gave the U.S. a lot of control over the building of the canal and global trade networks.
1 answer
The significance of the Neutrality Treaty is best captured by the statement:
The Neutrality Treaty helps ensure that global trade networks can continue to function, regardless of what conflicts and political arguments may be going on in the world.
This reflects the treaty's role in maintaining stability and security for international shipping and trade, despite geopolitical tensions.
