Which of the Following Is True of Foreign Aid to Sub-Saharan

question 75

Multiple Choice

Which of the following is true of foreign aid to sub-Saharan Africa?

• A)foreign aid has funded valuable medical resources for the treatment of Malaria and the human immunodeficiency virus.
• B)Counterproductive institutions and policies have been a major contributing factor to the poor economic performance of the region.
• C)During 1980-2005,foreign aid covered between 60 and 70 percent of government expenditures in many sub-Saharan African countries.
• D)All of the above.

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Definitions:

Parent Company

A corporation that owns enough voting stock in another corporation to control its board of directors and therefore its policies and management.

Subsidiary

A company that is controlled by another entity, known as the parent company, through ownership of more than half of its voting stock or through other means.

Consolidated Net Income

The total profit of a parent company and its subsidiaries after all expenses, including those of subsidiary companies, are subtracted.

Noncontrolling Interest

A stake in a company owned by minority shareholders that do not bestow them control over the company.