Biology Forums - Study Force

Other Fields Homework Help Economics Topic started by: devildoc on Dec 27, 2022



Title: Ji-Soo comes to you and says that he has calculated the average income of countries that get foreign ...
Post by: devildoc on Dec 27, 2022
Ji-Soo comes to you and says that he has calculated the average income of countries that get foreign aid and of those that do not. He found that countries that get foreign aid have much lower incomes, and therefore concludes that foreign aid reduces income for countries. What should you say to Ji-Soo about his conclusion?

▸ Since aid can be lost to corruption aid must not be able to help under any circumstance

▸ Correlation does not mean causation. Poor countries are more likely to receive aid because they are poor rather than being poor because they received foreign aid.

▸ The conclusion is correct because he was able to find data to empirically verify his conclusion

▸ Foreign aid creates dependency between countries and their donors and this can make them poorer


Title: Ji-Soo comes to you and says that he has calculated the average income of countries that get foreign ...
Post by: iffn23 on Dec 27, 2022
Content hidden