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Introduction to Economics Johnstown High School Mr. Cox
Foreign Aid Introduction to Economics Johnstown High School Mr. Cox
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Foreign Aid Funds that the US provides to foreign governments Why?
Benefit the US Political agendas Economic/investment interests Humanitarian concerns Disease epidemics, etc Promote International trade Aid to a developing nation can create global players in the market
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Examples Marshall Plan – rebuild Europe after WWII
Helped prevent a third World War Rebuilt many European Nations Created strong trade partners Truman Doctrine – Greece and Turkey during Cold War Cold War politics Allowed US to keep an eye on Soviets 21st Century – Middle East focused Interests in Israel Oil interests Anti-terror initiatives
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