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The relationship between international aid and economic growth for less developed countries is:

a. indeterminate, because very few countries have received international aid.

b. nonexistent, because some countries have received aid but realized no growth, whereas others have grown but have received no aid.

c. negative, in that less aid means less growth.

d. positive, in that more aid means more growth.

e. positive when financial funds are sent to the less developed countries but negative when developed countries help build capital goods in these countries.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91406945

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