What is foreign aid, and why do countries provide it? 🔊
Foreign aid refers to the financial, technological, or humanitarian assistance provided by one country to another, often aimed at promoting economic development or addressing humanitarian crises. Countries provide foreign aid for various reasons, including fostering diplomatic relations, enhancing national security, and promoting stability in strategically important regions. Foreign aid can also serve to influence political agendas and support development goals in developing nations, reflecting a blend of altruism and self-interest in international relations.
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