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Which term describes this type of diplomacy, which was used specifically to describe American actions during Panama's revolution?

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Answer: Gunboat Diplomacy.

Explanation: This is when a nation uses the threat of force or conspicuous displays of firepower to have influence in foreign policy, and it's called "Gunboat Diplomacy". The president Roosevelt used this tactic as a way to secure Panama's independence from Colombia; in a way of exchange the United States was able to secure access to what would become the Panama Canal.

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