Economics Today and Tomorrow, Student Edition
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN: 9780078747663
Author: McGraw-Hill
Publisher: Glencoe/McGraw-Hill School Pub Co
Question
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Chapter 19, Problem 6AA
To determine

To Choose: The term that best completes the given sentence.

Expert Solution & Answer
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Answer to Problem 6AA

The term that best completes the given sentence is devotes.

Explanation of Solution

Three main types of foreign aid are provided by developed nations to developing nations; those are: Economic assistance, technical assistance, and military assistance. Such aid is provided by both governments and private organizations. Often, foreign aid plays an important role in economic development.

Although the United States supplies more in foreign aid than any other developed country, in 2005, the United States ranked 21st among developed nations .

Economics Concept Introduction

Introduction: Providing help promotes global economic growth as well as promoting economic development within the country. It can help with expanding the market. Providing assistance to a nation may mean extending the goods and services which can be exchanged between the two countries.

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