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How important is foreign aid for low- and middle income developing economies in relation to their other sources of foreign-exchange receipts? Explain the various forms

How important is foreign aid for low- and middle income developing economies in relation to their other sources of foreign-exchange receipts? Explain the various forms that official development assistance can take, and distinguish between bilateral and multilateral assistance. Which do you think is more desirable, and why?

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Foreign aid refers to the international movement of money services or goods by a government or international organization in favour of a host country or citizen Foreign aid assistance can be financial ... blur-text-image

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