Which of the following statement is NOT true about OECD aid?
AIn the early 1990s the OECD contributed 98 percent of all aid
BThe OECD aid increased from $6.9 billion in 1970 to $8.9 billion in 2001
CIn 2001, only Denmark Norway, Sweden, the Netherlands, and Luxembourg exceeded the aid target for LDCs
DDuring the 1980s OECD countries contributed four fifths of the world’s bilateral official development assistance to LDCs
Correct answer
B. The OECD aid increased from $6.9 billion in 1970 to $8.9 billion in 2001
Explanation
The correct answer is The OECD aid increased from $6.9 billion in 1970 to $8.9 billion in 2001.