Question

Liberia was an independent republic, yet had an unofficial protectorate status. As such, What did it have to develop?

an internal trade with European settler colonies and an exteral transfer of raw materials to the U.S.
No answer text provided
A trade economy dependent exclusively on the US. This was due to American business interest that did not want interference from European settler colonies
economic policies that allowed it to freely engage in business any way it wanted, as long as it gave 1/4 of the profits to the U.S

Answer 1

The correct statement would be:

Liberia, as an independent republic with an unofficial protectorate status, had to develop an internal trade with European settler colonies and an external transfer of raw materials to the U.S. This was due to American business interests that preferred a trade economy exclusively dependent on the U.S. and did not want interference from European settler colonies. Liberia's economic policies were influenced by these factors, leading to a trade structure that favored the U.S. and involved the transfer of raw materials in exchange for economic benefits.

~~~Harsha~~~