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    Economics of Development
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    Exam 14: Foreign Aid
  5. Question
    A Loan Counts as Aid If It Has a Grant
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A Loan Counts as Aid If It Has a Grant

Question 20

Question 20

Multiple Choice

A loan counts as aid if it has a grant element of at least:


A) 10 percent.
B) 25 percent.
C) 50 percent.
D) none of the above; it never counts as a grant.

Correct Answer:

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