An organization that tries to encourage the flow of investment from advanced countries to poor countries is the
A)World Bank.
B)Organization of Less Developed Countries.
C)Alliance of Developing Countries.
D)International Development Alliance.

Question

Quizplus · Accepted Answer

The World Bank is an international financial institution that provides loans and grants to the governments of poorer countries for the purpose of pursuing capital projects. It aims to reduce poverty by providing financial and technical assistance to developing countries for development programs (e.g., bridges, roads, schools, etc.) that are expected to improve the economic prospects and quality of life for people in those countries.

An Organization That Tries to Encourage the Flow of Investment