Explore the dynamics of foreign aid, debt, and economic development in this quiz. Understand the role of ODA, unofficial aid, and humanitarian grants. Learn about the OECD's criteria for aid and enhance your knowledge on global economic cooperation.
Food Aid
Medical Aid
Emergency Aid
All of the above options
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United States
Russia
Norway
United Kingdom.
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Organization for Economic Country Development
Organization for Economic Corporate Development
Overseas Economic Cooperation & Development
Organization for Economic Cooperation and Development
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United Kingdom, Germany
Norway, Denmark, Sweden
Australia, United States, Canada
United Kingdom and Norway
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Aid given by the International Monetary Fund
Aid given by the World Bank
Aid given by the US Aid Agency
Aid given by UNICEF
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State Action Plans
Structural Adjustment Procedures
Structural Action Policies
Structural Adjustment Policies
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More than 10
6 countries
No countries meet the UN ODA requirements.
8 countries
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Cheaper
Practical
Luxurious
Expensive
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To raise the level of technology in the country
To raise the quality of human capital by spending more on training.
To raise the level of productivity in a country
All of the above options.
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Adverse
Unofficial
Option 3
Odious
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End commercial whaling
End the ban on commercial whaling
Continue tuna fishing
Ban nuclear testing.
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Provided by a government.
Provided by a official government agency.
Characterized by development objectives.
All of the above options are correct.
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Concessional in character and contain a grant element of at least 10%
Concessional in character and contain a grant element of at least 25%
Concessional in character and contain a grant element of 7%
Concessional in character and contain a grant element of 50%
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There was a worldwide recession caused at least partly by a significant increase in oil prices.
Major economies experienced an economic boom with high commodity prices.
There was a worldwide recession caused by an increase in interest rates in developed countries.
There was a worldwide recession caused by the collapse of major banks in key markets.
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Heavily Indebted Poor Countries
Heavy industrialization of Poor Countries
Heavily Indebted Program Conditions
Heavily Indebted Program Conditionality.
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Tax
Subsidy
Giveaway
Handout
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Money provided by US Aid Agency through bilateral agreements
Money provided by Aus Aid.
Money provided to a country by an NGO like World Vision
None of the above options are correct.
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United Kingdom
Finland
Germany
Norway
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The recipient country must do exactly what the donor country wants.
The recipient country must buy good & services from the donor country.
The recipient country must implement a range of economic reforms to the receive assistance.
All of the above options.
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They were compelled to do so by legislation in many countries.
They had excess funds to lend out, due to the large deposits of money from OPEC countries.
They had excess funds to lend out, due to the large deposits of petro dollars from United States
They had excess funds to lend out due to the economic boom of the early 1970s.
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Soft rates
Concessional rates
Interest rates based on the ability of the country to pay.
Market interest rates.
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Agricultural & work
Oil & cash
Commodity & currencies
Commodity & technology
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Negative
De
Adverse
Hard
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Governments
Market forces
NGOs
All of the above.
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Cuts to basic social services, in order to balance budgets.
Increased spending on education to improve human capital.
Privatization of nationalized industries .
Devaluation on the currency
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Short & society
Short & poor
Long & poor
Long & economy
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Brazil defaulted on its loan payments.
Mexico defaulted on its loan payments to western banks.
Thailand defaulted on its loan payments to western banks.
All of the above options are correct.
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Increased unemployment.
Fall in real wages.
Increased prices for essential products as subsidies were removed.
All of the above.
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