forieng aid Flashcards

1
Q

define foreign aid

A

the international transfer of goods or services from one country to another for the benefit of the recipient country.

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2
Q

define multilateral aid

A

government sources make contributions to multilateral organisations, which these organistation then utilsise to fund thei own development initiatives.

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3
Q

example of multilateral aid

A

the world bank

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4
Q

define bilateral aid

A

the assistance given by a government directly to the government of another country

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