What did the Bucareli Treaty clarify?
The borders of Mexico
The rights of Mexican government and U.S. oil interests
The rights of Mexican citizens
The amount of US aid to Mexico
Answer
The Bucareli Treaty elucidated the rights and obligations of the Mexican government and American oil businesses operating within Mexican territory. In exchange for Mexico recognizing the validity of foreign oil concessions, the United States acknowledged Mexico's land ownership rights and renounced any intention of annexing Mexican territories. This agreement aimed to foster cordial relations and economic cooperation between the two countries, particularly concerning the critical oil industry.
Test Your Knowledge: The Legacy of Álvaro Obregón, President of Mexico
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