A Large Portion of Government-Provided Foreign Aid to Developing Countries

question 86

Multiple Choice

A large portion of government-provided foreign aid to developing countries

• A) has averaged about 1 percent of the IACs' GDP each year.
• B) has increased sharply and steadily since 1995.
• C) has dwarfed the size of foreign direct investment to the DVCs in recent years.
• D) is distributed on the basis of political and military considerations.

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Definitions:

Millions

A numerical term representing one thousand thousands, or 1,000,000.

Common Stock

A type of equity security that represents ownership in a corporation, with rights to vote on corporate matters and receive dividends.

Net Income

The conclusive financial profit of a company after subtracting expenses and tax payments from its revenue stream.

Dividends

Funds dispensed by a business to its shareholders, allocating a fraction of the company's financial gains to them.