Promoting economic development,primarily by offering low-interest loans to governments of poorer nations,is the purpose of:
A)the United Nations.
B)the International Monetary Fund.
C)the World Trade Organization.
D)the World Bank.

Question

Quizplus · Accepted Answer

The World Bank is an international organization that provides low-interest loans to governments of developing countries for the purpose of promoting economic development. The other options, while also involved in international trade and finance, do not have the same primary focus on offering loans for economic development.

Promoting Economic Development,primarily by Offering Low-Interest Loans to Governments of Poorer