One major criticism of foreign aid to developing countrie...
One major criticism of foreign aid to developing countries is that it
Gives too much power and control to world bank
Encourages growth in government bureaucracy
Is capital using rather than capital saving
Provides incentives for capital flight
Correct answer is C
The loans help to create poverty, as capital that could have been invested instead was channeled into debt repayment.
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Which of the following budgets will increase government expenditure? ...