The ________ is a group of five closely associated institutions, all owned by its member countries, that provides vital financial and technical assistance to developing countries around the world.
A) International Chamber of Commerce
B) World Bank Group
C) Organization for Economic Cooperation and Development
D) World Economic Forum

Question

Quizplus · Accepted Answer

The World Bank Group is a collection of five international organizations that aim to provide financial and technical assistance to developing countries around the world. The five institutions that make up the World Bank Group include: the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the International Centre for Settlement of Investment Disputes (ICSID). The other options listed do not fit the description of the World Bank Group.

The ________ Is a Group of Five Closely Associated Institutions