Which of the Following Is an Example of Multilateral Transfer

question 83

Multiple Choice

Which of the following is an example of multilateral transfer?

• A)The United States providing manufactured goods at low prices to a developing country in Africa
• B)The United States supplying medicines and other healthcare equipment to Botswana
• C)The World Bank providing finance to help build communication networks in a developing country
• D)China helping to finance and build telephone lines in East Africa
• E)England providing educational assistance to a developing country

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Definitions:

Incentive Function

Describes how various economic incentives influence behaviors and decisions of individuals or organizations.

Resource Supply Schedules

Tables or charts that show the quantity of a resource that suppliers are willing to offer at various price levels.

Marginal Revenue Product

The additional revenue generated from employing one more unit of a factor of production, such as labor or capital.

Land

Refers to natural resources or the surface of the earth, including fields, forests, and minerals, which are used for production.