Foreign aid includes loans that:
A)have high interest rates and short repayment periods.
B)have high interest rates and long repayment periods.
C)have low interest rates and short repayment periods.
D)have low interest rates and long repayment periods.
E)require no interest payments at all.

Question

Quizplus · Accepted Answer

Loans with low interest rates and long repayment periods are typically provided as foreign aid. This allows the recipient country to have more time to repay the loan and to use the funds for development initiatives without being burdened by high interest rates.

Foreign Aid Includes Loans That