A Downside to Foreign Aid Is That

question 91

Multiple Choice

A downside to foreign aid is that

• A)developing countries have not necessarily increased their ability to become self-supporting at higher standards of living
• B)many recipient countries are doing less of what they had done well
• C)the agricultural sectors of recipient countries have suffered
• D)government officials have been insulated from their own incompetence
• E)All of the answers are correct

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Definitions:

Corporate Accountability

The concept that companies should be responsible for their actions in society, including their social, environmental, and economic impacts.

Free Market Economic Models

Economic systems where prices for goods and services are determined by the open market and by consumers, with minimal government intervention or regulation.

Free Trade

An economic policy that allows for the unrestricted import and export of goods and services between countries, without tariffs, quotas, or other trade barriers.

Generalist Countries

Refers to nations with policies or economies that are not specialized but rather encompass a broad range of industries and activities.