Which of the following was the objective of establishing the World Bank?
A)Become the lender of last resort to reserve banks
B)Promote general economic development
C)Maintain stability in the international monetary system
D)Regulate exchange rates of member nations

Question

Quizplus · Accepted Answer

The task of the IMF would be to maintain order in the international monetary system and that of the World Bank would be to promote general economic development.

Which of the Following Was the Objective of Establishing the World