Which of the following is not an example of foreign aid?
A)U.S.discount department stores purchasing toys from Chinese manufacturers
B)The International Monetary Fund extending loans to countries that have trouble with their balance of payments
C)The World Bank providing loans and grants to support health and education programs
D)The U.S.government paying to build an electricity plant in Albania
E)The Australian government paying to repair highways in Tonga

Question

Quizplus · Accepted Answer

Purchasing goods from foreign manufacturers is not considered foreign aid. Foreign aid refers to the transfer of resources from one country to another for the purpose of promoting economic or social development, providing humanitarian relief, or advancing political objectives.

Which of the Following Is Not an Example of Foreign