Which term is associated with President Taft's foreign policy? a) Open Door Policy b) moral imperialism c) liberal internationalism d) anti-Western nationalism e) Dollar Diplomacy

President Taft's foreign policy is often associated with "Dollar Diplomacy," which aimed to use economic power to influence foreign countries and promote American interests abroad. Instead of military intervention, Taft believed that ensuring financial stability in other nations would lead to stronger diplomatic relationships and secure American investments. In practice, Dollar Diplomacy involved promoting American business interests in Latin America and East Asia. It encouraged American banks and businesses to invest in these regions, hoping that economic ties would lead to political stability and open markets for U.S. trade, all while minimizing military intervention whenever possible.