The Agency for International Development (AID) is a U.S. government owned corporation that encourages U.S. investment projects in developing countries by offering political risk insurance, guaranties, and direct loans.

Question

Quizplus · Accepted Answer

The Agency for International Development (AID), now known as the United States Agency for International Development (USAID), is not a corporation but a federal agency that provides foreign aid and development assistance, focusing on improving global health, supporting democracy, providing humanitarian aid, and advancing security and prosperity. The services described, such as political risk insurance and direct loans, are more closely associated with the Overseas Private Investment Corporation (OPIC), now part of the U.S. International Development Finance Corporation (DFC).

The Agency for International Development (AID) Is a U