True or False: "Foreign aid from high-income developed countries to low-income less-developed countries has provided the...

True or False: "Foreign aid from high-income developed countries to low-income less-developed countries has provided the latter with the startup capital needed to ignite the growth process. Because of foreign aid, poor countries have been able to save enough to finance major investment projects such as roads and power-generating plants. These projects have provided the foundation for economic growth."

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Rahul Sunny answered 1 year ago

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