Asked by
Angel Martinez
on Nov 12, 2024Verified
Which of the following is a difference between bilateral aid and multilateral aid?
A) Multilateral aid is a country-to-country aid,whereas bilateral aid comes from organizations using funds from many countries.
B) Multilateral aid comes from organizations using funds from many countries,whereas bilateral aid is a country-to-country aid.
C) Multilateral aid is a country-to-country aid,whereas bilateral aid comes from philanthropic organizations.
D) Multilateral aid comes from philanthropic organizations,whereas bilateral aid comes from organizations using funds from many countries.
E) Multilateral aid comes from established individuals who plan on helping poor countries,whereas bilateral aid comes from philanthropic organizations.
Bilateral Aid
A form of financial assistance provided by one country directly to another to support development and welfare projects.
Multilateral Aid
Financial assistance provided by multiple countries or international institutions to support economic development in developing countries.
- Distinguish between the different types of aid (bilateral, multilateral) and their implications.
Verified Answer
DK
Learning Objectives
- Distinguish between the different types of aid (bilateral, multilateral) and their implications.
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