Describe the "cash and carry" policy.
Cash and Carry Policy
‘Cash and carry’ was a basic policy in the form of trade. Earlier Roosevelt, the United States president, had inquired about it during the Neutrality Act of the 1930s. Its purpose was to replace this Act and allow changes in the sales of materials and other products to the belligerents (Patel, 2020). Roosevelt insisted that such transactions could occur if the revision would involve belligerents using their mode of transportation after instant payments. Roosevelt did not allow the Belligerents nations to purchase firearms and un powder from the U.S.
Patel, K. K. (2020). INSULATION: THE PRESIDENCY OF FRANKLIN D. ROOSEVELT DURING THE YEARS 1933–1941. A Companion to U.S. Foreign Relations: Colonial Era to the Present, 382-399.