Which of the following is true for the World Bank and the IMF?
A)They are cooperative institutions that seek to maintain an orderly system of payments and receipts between nations.
B)They are development institutions whose primary responsibility is financing economic development.
C)They are managed and controlled by the United States.
D)They concentrate their efforts on broadening and strengthening the economies of their member nations.
E)They control and manage the financial institutions of the member countries.

Question

Quizplus · Accepted Answer

The Answer of Which of the following is true for the World Bank and the IMF?
A)They are cooperative institutions that seek to maintain an orderly system of payments and receipts between nations.
B)They are development institutions whose primary responsibility is financing economic development.
C)They are managed and controlled by the United States.
D)They concentrate their efforts on broadening and strengthening the economies of their member nations.
E)They control and manage the financial institutions of the member countries.

Which of the Following Is True for the World Bank