What shows that a developing country is becoming less reliant on foreign aid?
- AIt gains foreign currency by exporting a range of raw materials, and uses this to import machinery from developed economies.
- BIt has to change its economic structure in order to qualify for a bailout loan from the World Bank.
- CIts balance of payments goes into deficit when it has to start paying interest on loans taken out with foreign banks.
- DIts local firms go out of business after a foreign multinational sets up in the country.