Which of the following can be categorized as multilateral aid?
A)The U.S.providing funds to Haiti
B)World Bank providing financial assistance in the form of flood relief funds to Brazil
C)Pakistan requesting financial assistance for earthquake relief from the developed world
D)France promising funds to the Philippines against duty-free imports of French products
E)USAID relieving Nepal of the outstanding debt the latter owes to the organization

Question

Quizplus · Accepted Answer

Multilateral aid refers to financial assistance provided by international organizations such as the World Bank, IMF, UN, etc. In this case, the World Bank is providing flood relief funds to Brazil, which qualifies as multilateral aid.

Answer: C
 Pakistan requesting financial assistance for earthquake relief from the developed world is not multilateral aid. It is a request for bilateral aid from individual developed countries.

Answer: D
 France promising funds to the Philippines against duty-free imports of French products is also bilateral aid. It is France providing financial assistance in exchange for certain trade benefits.

Answer: A and E do not qualify as multilateral aid as they are both examples of bilateral aid.

Which of the Following Can Be Categorized as Multilateral Aid