Asked by
Maldha Ibrahim
on Nov 12, 2024
Verified
Foreign aid includes:
A) grants and loans extended on more favorable repayment terms than the recipient could normally secure.
B) only loans with strict repayment terms.
C) only grants which have to be repaid on some predetermined date.
D) the transfer of money by an overseas worker to his family.
E) medical equipment sent by a foreign country during times of need.
Favorable Repayment Terms
Conditions of a loan that are beneficial to the borrower, such as lower interest rates or longer repayment periods.
Foreign Aid
Financial or material assistance provided by one country to another, often aimed at supporting economic development, health initiatives, or disaster relief.
- Comprehend the processes and effects of international assistance on underdeveloped countries.
Verified Answer
GG
Learning Objectives
- Comprehend the processes and effects of international assistance on underdeveloped countries.
Related questions
There Is a Possibility of Increased Capital Imports,investment,and Consumption in ...
Which of the Following Is Not an Example of Foreign ...
Which of the Following Statements Is True of Foreign Aid ...
Not Much of Foreign Aid Now Flows Through Private Channels
Most Countries Have Received Foreign Aid for Industrialization