2. Trade NAFTA – North American Free Trade Agreement; created 1994 eliminate barriers to trade & investment (tariffs)

3. Political Tensions Russia & China competing for worlds oil control Cold War era (COMMUNISM)

4. Sanctions penalties or other means of enforcement used to provide incentives for obedience with law or regulations Iran (bar nuclear technology) Cuba (financial embargo) Syria (prohibits U.S. exports to that country) Libya (blocking transactions with that country)

5. Terrorism War on Terror Afghanistan, Philippines, Horn of Africa, Trans Sahara Objectives: defeat bin Laden & destroy his organization identify & destroy organizations partnered with them Diminish the underlying conditions that terrorists seek to exploit Defend US citizens and interests at home and abroad Dept. of Homeland Security

6. Dollar Diplomacy U.S. effort to use of its economic power by guaranteeing loans made to foreign countries started during Tafts presidency giving $$$ in exchange for no war