What is the stated goal of the World Bank?
A) Lending to different nations if their balance of payments is such that they have shortages that threaten the stability of their monetary system.
B) Providing additional stability to the economic systems of the various member states of the Bretton Woods Agreements.
C) Providing a means for the exchange of currencies among different nations.
D) Fighting poverty and improving the living standards of people in the developing world.

Question

Quizplus · Accepted Answer

The stated goal of the World Bank is to fight poverty and improve living standards in developing countries. While the World Bank may also lend to nations with shortages that threaten their monetary system (A), this is not its primary goal. The World Bank does not provide a means for currency exchange among nations (C), and while it may provide stability to the economic systems of member states (B), this is not its primary goal either.

What Is the Stated Goal of the World Bank