2.  Monroe Doctrine: First major foreign policy, by President Monroe, 1820, we pledged to defend the Americas

3.  Isolationism: As a country minding our own business  Neutrality: Seeing both sides, taking neither

4.  United Nations: Replaced inadequate League of Nations as International Peacekeeping organization. Headquarters in New York City, Heavily influenced by US  Security Council: Responsible for safety and security of a country. UN and US both protect us.

5.  Truman Doctrine: Policy of Containment of communism during Cold War.  Marshall Plan: Policy of aid to developing countries to prevent communism during Cold War

6.  World Bank: International aid organization for 3 rd and 4 th world countries  IMF: International Monetary Fund, oversees and regulates global finances  Central Intelligence Agency: top espionage organization in US  Foreign Service: Group of diplomats who work for Department of State

7.  War Powers Act: 1973-limits power of declaring war of President to 90 days without Congressional approval

8.  Free-Trade Principles: Unregulated, Untaxed, Unrestricted trade between countries  Protectionism: Restricting trade through regulation and taxation  Espionage: Spying

9.  Global Economy: International trade; countries often take on role of supplying resources, products, or services for comparative advantage  NATO: North Atlantic Treaty Organization; outdated military alliance set up during Cold War for capitalist/democratic allies

10.  NAFTA: North American Free Trade Agreement: Free Trade between Canada (resources), Mexico (products) and the US (services)  WTO: World Trade Organization: Negotiates trade issues between countries in Global Economy

11.  1 st world: capitalist, has industry and technology, has nuclear capability  2 nd world: former Soviet bloc country, has industry and technology, may have nuclear capability  3 rd world: developing nation…but has central government, may now have nuclear capability  4 th world: run by tribes, very poor, no nuclear capability