Which of the following is NOT a reason to reduce foreign aid?
A) The dissolution of the Soviet Union has weakened some of the strategic rationale for foreign aid.
B) Much of the money provided by America goes to elites in the recipient nations rather than those who need help.
C) Foreign transfers only tend to increase government consumption, which has no positive effect on growth.
D) Options A, B, and C are true.
E) None of the above is true.
Correct Answer:
Verified
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