Question

After World War II, the U.S. government loaned and granted money to needy countries in Europe in the hopes of promoting democracy. This program was an example of
A. debt rescheduling.

B. foreign direct investment.

C. foreign portfolio investment.

D. foreign aid.

Answer 1

I do believe D is your best option.

Answer 2

The program that is described above was an example of foreign aid. The correct answer is D.