Foreign aid that goes through international bodies such as the World Bank is known as _____
A) unilateral transfer.
B) multilateral assistance.
C) bilateral assistance.
D) remittance.
E) government assistance.

Question

Quizplus · Accepted Answer

Multilateral assistance refers to foreign aid that is given by several countries or international organizations to a recipient country. Foreign aid that goes through international bodies such as the World Bank is an example of multilateral assistance. Unilateral transfer refers to the transfer of resources from one country to another without a reciprocal transfer. Bilateral assistance refers to aid given from one country to another. Remittance refers to money that is sent by individuals working in a foreign country to their home country. Government assistance is a broad term that can refer to various types of aid provided by a government, including foreign aid.

Foreign Aid That Goes Through International Bodies Such as the World