Economics A-Level
Foreign aid
What Foreign aid means in Economics A-Level, as defined for AQA.
Definition of Foreign aid
Check what you remember
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Reference: AQA
Bilateral grants and multilateral loans that provide crucial capital to fill the savings gap and fund merit goods like healthcare.
Topics that use Foreign aid
- Economic growth and development (AQA A-Level)
Related terms
- Economic development
- Economic growth
- Foreign direct investment
- Globalisation
- Human capital
- Human Development Index (HDI)
- Inequality
- Institutional factors
Using Foreign aid in the exam
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