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Economics Theme 4 > Random bits > Flashcards

Random bits Flashcards

1
Q

What is bilateral aid

A

Assistance by a single country to another

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2
Q

What is tied aid

A

Assistance to a country with conditions attached

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3
Q

What is multilateral aid

A

Assistance by many countries to another

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4
Q

What is a concessional loan

A

A loan with lower interest and longer repayment time than a commercial bank

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Economics Theme 4 (8 decks)

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