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What is the difference between Bilateral and Multilateral foreign aid?
BlueDreamLights
The term is primarily used in the World Trade Organization. A plurilateral agreement implies that member countries would be given the choice to agree to new rules on a voluntary basis. This contrasts with the multilateral agreement, where all members are party to the agreement.
Wiki User
∙ 14y ago
Asnake Kebebe
Wiki User
∙ 13y agoShould the USA prefer to give aid money bilaterally (directly to individual countries or projects) or multilaterally (channelling it through United Nations agencies, World Bank, NGOs, etc.)
Wiki User
∙ 15y agobilateral treaty involves two countries and a multilateral involves more than two countries. bi = 2 multi = many
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