Question

Write short notesForeign aid Vs.

Answer 1

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Foreign Aid. Foreign aid is money that one country voluntarily transfers to another, which can take the form of a gift, a grant or a loan. In the United States, the term usually refers only to military and economic assistance the federal government provides to other governments.

Answer 2

The most basic definition of the term is "resources given from one country to another." But it’s usually understood to mean money, materials, and manpower given or loaned by governments, organizations, and individuals in rich countries to help people in poor countries. Also referred to as international aid, economic aid, or development aid/assistance, foreign aid is a category distinct from military aid.