The international transfer of public funds in the form of loans or grants either directly from one government to another or indirectly through the vehicle of a multilateral assistance agency such as the World BankGroup of answer choicesportfolio investmentsmultinational corporationforeign aidforeign direct investment
Question
The international transfer of public funds in the form of loans or grants either directly from one government to another or indirectly through the vehicle of a multilateral assistance agency such as the World BankGroup of answer choicesportfolio investmentsmultinational corporationforeign aidforeign direct investment
Solution
The international transfer of public funds in the form of loans or grants either directly from one government to another or indirectly through the vehicle of a multilateral assistance agency such as the World Bank is known as foreign aid.
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