Imagine that Belseria, a developing country in South America, recently became a member of a multilateral organization that works toward preventing war by promoting economic development in poor countries. The organization assists poor countries in building their infrastructure by providing them with heavily subsidized loans. Given this information, it can be said that Belseria most likely became a member of the _____.
A) World Trade Organization
B) International Monetary Fund
C) World Bank
D) Red Cross

Question

Quizplus · Accepted Answer

The World Bank is known for its role in providing financial and technical assistance to developing countries for development programs (e.g., bridges, roads, schools) that are meant to improve the economic prospects and quality of life for people in those countries. This aligns with the description given, as it mentions the organization works toward preventing war by promoting economic development through infrastructure building with subsidized loans.

Imagine That Belseria, a Developing Country in South America, Recently