Any international transfer made on concessional terms for the purposes of promoting economic development is called:
A)foreign aid.
B)a unilateral transfer.
C)a coupon.
D)private investment.
E)a remittance.

Question

Quizplus · Accepted Answer

The definition given in the question matches the definition of foreign aid, which is given to promote economic development in recipient countries.

Any International Transfer Made on Concessional Terms for the Purposes