ECON MICRO
ECON MICRO
5th Edition
ISBN: 9781337000536
Author: William A. McEachern
Publisher: Cengage Learning
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Chapter 21, Problem 4.5P
To determine

The issues faced when foreign aid is used as a measure to lead to a more productive economy to result in economic development.

Concept Introduction:

Tied Aid − It is the aid given with some conditions attached.

Untied Aid − It refers to the aid given without any conditions.

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