The correct answer is C. The Atlantic Charter was an agreement between the United States and Great Britain. Although the Atlantic Charter of August 1941 was not a binding treaty, it was important for several reasons. First, it publicly reaffirmed the sense of solidarity between the United States and Great Britain against the aggression of the Axis powers. Second, she set out President Roosevelt`s Wilsonian vision for the post-war world; one that would be characterized by a freer exchange of trade, self-determination, disarmament and collective security. Finally, the Charter served as an inspiration to colonial subjects throughout the Third World, from Algeria to Vietnam, as they fought for independence. The Atlantic Charter was a statement issued on August 14, 1941, which presented American and British goals for the world after the end of World War II. … Supporters of the Atlantic Charter signed the United Nations Declaration on January 1, 1942, which served as the basis for the modern United Nations.
Roosevelt, for his part, wanted the British government to state publicly that it was not involved in secret treaties, particularly territorial issues such as those concluded by the Allies during the First World War on the division of enemy territory at the end of the war. Roosevelt also wanted to agree on the conditions under which Britain would reimburse the United States for its assistance in renting Lend. Roosevelt wanted the British to pay compensation by dismantling their system of imperial preference, established by the British government during the Great Depression, and intended to promote trade within the British Empire by lowering tariffs among members while maintaining discriminatory duties against foreigners. Churchill was extremely disappointed by Roosevelt`s refusal to discuss the entry of Americans into the war. In addition, Churchill understood that several aspects of the proposed joint statement could be politically damaging to the Prime Minister. Churchill feared that the abandonment of imperial preference would irritate the protectionist wing of his Conservative party. Nor have the Americans been willing to warn Japan too much about future military action against British goods in Southeast Asia. Finally, both Churchill and many members of his cabinet were concerned about the third point of the Charter, which mentions the rights of all peoples to the election of a government. Churchill was concerned that this clause recognized the right of colonial subjects to act for decolonization, including those of the British Empire.
Churchill and Roosevelt met on August 9 and 10, 1941 aboard the U.S. Augusta in Placentia Bay, Newfoundland, to discuss their respective war objectives for World War II and to outline a post-war international system. The charter they developed contained eight “common principles” that the United States and Britain would support in the post-war world. The two countries agreed not to seek territorial expansion; international trade liberalization; Freedom of the seas and international standards of labour, economy and well-being.