President taft’s use of dollar diplomacy in nicaragua and china showed that american foreign policy: could not focus only on business and economics. should concentrate on using american money in all business deals. needed to offer enough money to support each country’s military. should not encourage american businesses to invest in foreign projects.

Could not focus only on business and economics

Explanation:

President Taft's Dollar Diplomacy was not limited solely to the economic and business interests of the United States but also expanded into foreign policy. Besides that, it discussed United States interventions in countries of the western hemisphere if they are politically or financially vulnerable.

the correct answers are: 1) lay and collect taxes and duties; 2) pay debts; 5) borrow money;   6) regulate commerce with foreign nations.

article 1, section 8. refers to the powers of congress. according to the united states constitution: “the congress shall have the power to lay and collect taxes, duties, imposts, and excises, to pay the debts and provide for the common defense and general welfare of the united states.”