Which of the following statements about sending foreign aid to low-income countries is TRUE? Group of answer choices It is an effective tool for stimulating exponential economic growth Policymakers are not aware of the limitations of foreign aid It is most often used to meet basic human needs Foreign aid constitutes more than 20% of low-income countries' GDP
Which of the following statements about sending foreign aid to low-income countries is TRUE? Group of answer choices It is an effective tool for stimulating exponential economic growth Policymakers are not aware of the limitations of foreign aid It is most often used to meet basic human needs Foreign aid constitutes more than 20% of low-income countries' GDP
Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter17: Growth And Less Developed Countries
Section: Chapter Questions
Problem 14SQ
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Question
Which of the following statements about sending foreign aid to low-income countries is TRUE?
Group of answer choices
It is an effective tool for stimulating exponential economic growth
Policymakers are not aware of the limitations of foreign aid
It is most often used to meet basic human needs
Foreign aid constitutes more than 20% of low-income countries' GDP
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