Which of the following best characterizes the functions of the World Bank?
A)monitor interest rates in emerging economies
B)provide loans and technical assistance to developing countries
C)offer financial assistance to small businesses
D)initiate trading for impoverished nations

Question

Quizplus · Accepted Answer

The World Bank provides loans and technical assistance to developing countries in order to promote economic growth and reduce poverty. While the World Bank monitors economic trends and offers some financial assistance to small businesses, these functions are not the primary focus of the organization. The World Bank also does not initiate trading for impoverished nations. Therefore, B is the best choice that characterizes the functions of the World Bank.

Which of the Following Best Characterizes the Functions of the World