Trade & International Aid Flashcards

All 6 cards in this deck

Give two ways trading relationships of LICs/NEEs have changed since independence.

They now choose their own trading partners and join regional trade blocs, and some have become major service providers rather than only raw-material suppliers.

What is tied aid?

Aid given on condition that the receiving country spends it with, or buys goods from, the donor country.

Give two positive impacts of international aid on a receiving country.

Funding for education, clean water and sewerage or disease prevention, and improvements to infrastructure or farming techniques.

True or false? All international aid benefits the receiving country.

False. Aid can be tied, lost to government corruption, or spent unwisely.

What is the difference between short-term (emergency) aid and long-term (development) aid?

Short-term aid gives immediate relief after a disaster, such as food, shelter and medical supplies. Long-term aid funds lasting improvements, such as schools, clean water or farming projects.

What is the difference between top-down and bottom-up aid projects?

Top-down projects are large-scale and planned by governments or big organisations. Bottom-up projects are small-scale and run with local communities, who help decide what is needed.