Which of the following statements is true of "tied aid"?
A) Tied aid is foreign aid that must be used to purchase goods and services from the donor country.
B) Tied aid is foreign aid that must be used to purchase goods and services in the country that is receiving the aid.
C) Tied aid is foreign aid that is delivered more slowly because of UN bureaucratic regulations.
D) Tied aid is foreign aid that is only available after certain reforms are successfully undertaken in the receiving country.
E) None of the above
Correct Answer:
Verified
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