Which of the following is NOT an example of foreign aid?
A) when Canadian discount department stores purchase toys from Chinese manufacturers
B) when the International Monetary Fund extends loans to countries that are having trouble with their balance of payments
C) when the World Bank provides loans and grants to support health and education programs
D) when the Canadian government pays to build an electricity plant in Albania

Question

Which of the following is NOT an example of foreign aid?  
A) when Canadian discount department stores purchase toys from Chinese manufacturers 
B) when the International Monetary Fund extends loans to countries that are having trouble with their balance of payments 
C) when the World Bank provides loans and grants to support health and education programs 
D) when the Canadian government pays to build an electricity plant in Albania

Quizplus · Accepted Answer

Foreign aid refers to assistance provided by one country to another through various means such as grants, loans, and technical assistance. Canadian discount department stores purchasing toys from Chinese manufacturers is not an example of foreign aid because it is a commercial transaction between two private entities, rather than a government providing assistance to another government or organization.

Which of the Following Is NOT an Example of Foreign