IB Geo - Core 4.2 - Trade and Aid

Which of the following DOES NOT refer to flows of raw materials or manufactured items.

• Goods

• Services

• Commodities

• Capital

Almost every country has which nation within their Top-3 trade partners?

• USA

• UK

• China

• Germany

Which is higher in the USA's trade balance?

• Imports

• Exports

In 2016, which was higher: global trade in goods or global trade in services?

• Goods

• Services

What is the name given to the type of aid that can be described as "Assistance given by a government directly to the government of another country".

• Multilateral

• Bilateral

• Unilateral

• Development

Which type of aid has strict conditions attached which dictate exactly how the received funds are spent by the recipient nation?

• Fixed Aid

• Budget Aid

• Tied Aid

• Humanitarian Aid

Which category of aid is considered by the recipient to have a more urgent timeframe?

• Humanitarian Aid

• Development Aid

Aid received from the IMF would be classified as:

• Bilateral Aid

• Humanitarian Aid

• Multilateral Aid

• Tied Aid

In 2019, which region received the greatest amount (in billions USD) of aid?

• Middle East & North Africa

• Sub-Saharan Africa

• Central & South Asia

• Latin America & Caribbean

What name does the OECD group give to recorded flows of aid between donors and recipients?

• Official Development Aid

• Official Development Assistance

• Gross National Income

• Received Capital