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 for infrastructure development
C) offer financial assistance to small businesses
D) assist countries suffering from severe balance of payment problems

Question

Quizplus · Accepted Answer

The World Bank primarily provides loans and technical assistance to developing countries for purposes such as infrastructure development, health, and education, aiming to reduce poverty and support development.

Which of the Following Best Characterizes the Functions of the World