What is the term for any international transfer made on concessional terms for the purposes of promoting economic development?
A) foreign aid
B) remittances
C) immigration
D) private investment

Question

What is the term for any international transfer made on concessional terms for the purposes of promoting economic development?  
A) foreign aid 
B) remittances 
C) immigration 
D) private investment

Quizplus · Accepted Answer

This term specifically refers to international transfers made for the purpose of promoting economic development, whereas remittances refer to money sent by individuals to family or friends in other countries, immigration refers to the movement of people between countries, and private investment does not necessarily have the same goals of promoting economic development.

What Is the Term for Any International Transfer Made on Concessional