Dollar diplomacy

noun

Word Frequency: 0.2

Definitions

1.nounThe effort of the United States — particularly under President William Howard Taft — to further its aims in Latin America and East Asia through use of its economic power by guaranteeing loans made to foreign countries.

Synonyms

commodity diplomacy dollarization checkbook diplomacy dollarship dollar democracy bretton woods asiadollar structural adjustment dollar store foreign aid easy money tariffism

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