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IB Geo - Core 4.2 - Trade and Aid

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

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

a)

Goods

b)

Services

c)

Commodities

d)

Capital

2.

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

a)

USA

b)

UK

c)

China

d)

Germany

3.

Which is higher in the USA's trade balance?

a)

Imports

b)

Exports

4.

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

a)

Goods

b)

Services

5.

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".

a)

Multilateral

b)

Bilateral

c)

Unilateral

d)

Development

6.

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

a)

Fixed Aid

b)

Budget Aid

c)

Tied Aid

d)

Humanitarian Aid

7.

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

a)

Humanitarian Aid

b)

Development Aid

8.

Aid received from the IMF would be classified as:

a)

Bilateral Aid

b)

Humanitarian Aid

c)

Multilateral Aid

d)

Tied Aid

9.

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

a)

Middle East & North Africa

b)

Sub-Saharan Africa

c)

Central & South Asia

d)

Latin America & Caribbean

10.

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

a)

Official Development Aid

b)

Official Development Assistance

c)

Gross National Income

d)

Received Capital