The Historical Record Indicates That Foreign Aid Has

question 16

Multiple Choice

The historical record indicates that foreign aid has

• A) played a major role in helping formerly poor countries grow rapidly and achieve high income levels.
• B) re-enforced corrupt governments and policies that stifle productive activities.
• C) helped poor countries escape counterproductive policies imposed by authoritarian political leaders.
• D) promoted economic growth, but slowed the movement toward political democracy.

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Definitions:

Necessary Resources

The essential assets, materials, and inputs required for an organization to operate effectively and achieve its goals.

Proximity to Customers

The closeness of a business to its customers, which can influence customer satisfaction and loyalty.

Career Planning and Development

The ongoing process of managing one's career path, personal growth, and learning to achieve career objectives.

Global Managers

Leaders who operate in an international context, adept at managing across diverse cultures and economies.