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Card 1 of 28

What makes international aid different from a commercial loan?

A

International aid is a voluntary transfer of resources on more generous terms than commercial lending.

B

International aid is a purchase of goods from another country using normal commercial lending terms.

C

International aid is a compulsory transfer of resources at higher interest rates than commercial lending.

D

International aid is a private transfer of resources that must be repaid at commercial interest rates.

Card 1 of 28

11.5.1 international aid Flashcards

  1. Intl A Level
  2. /Economics
  3. /11.5.1 international aid

28 flashcards on CIE Intl A Level Economics 11.5.1 international aid: the key terms and definitions you need to recall.

Flashcards