单词 | trade not aid |
释义 | trade not aid A slogan epitomizing the view that industrial countries could help the development of less developed countries more by liberalizing their treatment of LDC exports than by aid payments. The argument is that aid may be spent foolishly, on armaments or uneconomic prestige projects, whereas better access to OECD markets for LDC products such as textiles would promote sustainable development consistent with countries' comparative advantage. |
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