Which of the following statements is true of foreign aid?
A) Foreign aid is regressive to development.
B) Foreign aid is provided only by financial institutions, such as the World Bank.
C) Foreign aid is directly responsible for reducing corruption in developing nations.
D) In practice, much of foreign aid does not get invested in new technology or education.

Question

Quizplus · Accepted Answer

Studies have shown that a significant portion of foreign aid is not invested in new technology or education, but instead goes towards infrastructure or other projects that may not directly benefit development. Foreign aid can still have positive impacts on development, but it is important to carefully monitor and evaluate how the aid is being used.

Which of the Following Statements Is True of Foreign Aid