Econ Micro (book Only)
Econ Micro (book Only)
6th Edition
ISBN: 9781337408066
Author: William A. McEachern
Publisher: Cengage Learning
Question
Book Icon
Chapter 21, Problem 6P
To determine

To discuss:

The consequence of foreign aid by rich countries to the poorer countries.

Concept Introduction:

The assistance or aid provided by a country to another is generally known as foreign aid. The assistance might be financial, military or labor-oriented with little or no benefit expected.

Blurred answer
Students have asked these similar questions
How good is Oman economy?
Essay: Can the Philippines benefit from the UN Sustainable Development Goals?
It is important to understand the history and geography of countries. History impacts the values of a society and geography impacts the commercial activity of a country. Please describe each and give examples.
Knowledge Booster
Background pattern image
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
ECON MICRO
Economics
ISBN:9781337000536
Author:William A. McEachern
Publisher:Cengage Learning
Text book image
Principles of Economics 2e
Economics
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:OpenStax
Text book image
Macroeconomics: Private and Public Choice (MindTa...
Economics
ISBN:9781305506756
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:Cengage Learning
Text book image
Economics: Private and Public Choice (MindTap Cou...
Economics
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:Cengage Learning
Text book image
Economics Today and Tomorrow, Student Edition
Economics
ISBN:9780078747663
Author:McGraw-Hill
Publisher:Glencoe/McGraw-Hill School Pub Co