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The Good Neighbor Policy
Storyboard Text
- The U.S. Government supported Mexico’s right to expropriate foreign assets as long as compensation was provided to American companies.
- The United States government restrained from intervening when Mexico expropriated foreign oil companies in 1938.
- COME BACK HERE OIL THEIF!!
- Despite the "Good" in the Good Neighbor Policy, its negative impact was because Latin American countries relied so heavily on the U.S. for trade they didn't manufacture their own goods and relied on the U.S. for it.
- The Good Neighbor Policy: - Impact on Canada- Effectiveness- Historiography
- Now let's discuss the impacts of the Good Neighbor Policy and the effectiveness of it!
- Reciprocal Trade Agreement resolved some, but not all of trade conflict.
- Canadian-American Diplomacy: U.S. instead of U.K. now became primary trading partner.
- G.D. and Smooth-Hawley tariff resulted in Canadian tariffs on U.S. goods Trade dropped by 75%.
- Good Neighbor Policy Effectiveness: It allowed the U.S. to revise trade relations with Latin American nations. Agreements were aimed at strengthening the U.S. economy and by 1940, U.S. exports to Latin America doubled
- I am very please you lowered your tariffs. It's great trading with you!
- All our trade is relied on the U.S. and so the government decides we don't need to manufacture our own goods! It's ridiculous!
- Peruvian leader Raul De la Toro- The U.S. was “the good neighbor of tyrants”
- The Good Neighbor Policy: Was the U.S. being benevolent? Or only self interested?
- DEBATE
- U.S. historian Peter Smith – “golden era of U.S. relations with region”
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