Country X has requested and received a loan from the World Bank. Country X may not use the money to finance ________.
A) new railroads
B) harbor facilities
C) national highways
D) trade deficits

Question

Quizplus · Accepted Answer

The World Bank provides loans for specific projects that promote economic development, such as infrastructure projects including new railroads, harbor facilities, and national highways. It does not provide loans to finance trade deficits, which are considered a part of a country's current account and relate to its balance of payments rather than to specific development projects.

Country X Has Requested and Received a Loan from the World