Question

How did William Howard Taft use U.S. economic power to address the issue of Latin American debt owed to European countries?(1 point)
Responses

He helped Latin American countries boost exports to the U.S. so they could more easily afford to repay their debts.
He helped Latin American countries boost exports to the U.S. so they could more easily afford to repay their debts.

He paid off Latin American countries' debts to European countries so that they were indebted to the U.S. instead.
He paid off Latin American countries' debts to European countries so that they were indebted to the U.S. instead.

He provided economic incentives to encourage Latin American countries to repay their debts more quickly.
He provided economic incentives to encourage Latin American countries to repay their debts more quickly.

He forced European countries to forgive Latin American debt by threatening to go to war if they refused.

Answer 1

He paid off Latin American countries' debts to European countries so that they were indebted to the U.S. instead.