Which of the following statement is NOT true about OECD aid ?
Correct answer: C. The OECD aid increased from $6.9 billion in 1970 to $8.9 billion in 2001
- A. During the 1980s OECD countries contributed four fifths of the world's bilateral official development assistance to LDCs
- B. In the early 1990s the OECD contributed 98 percent of all aid
- C. The OECD aid increased from $6.9 billion in 1970 to $8.9 billion in 2001
- D. In 2001, only Denmark Norway, Sweden, the Netherlands, and Luxembourg exceeded the aid target for LDCs
Explanation
The figure in option c is incorrect, since OECD development assistance rose far more substantially than from $6.9 billion to $8.9 billion between 1970 and 2001. The other statements describe commonly reported OECD aid patterns and targets.
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