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The World Bank's First Loans Were Extended During the Late

Question 53

Multiple Choice

The World Bank's first loans were extended during the late 1940s to finance the:


A) infrastructural development of the newly independent countries of Asia.
B) reconstruction of the war-ravaged economies of Western Europe.
C) economic rehabilitation of the famine-struck countries of West Africa.
D) repatriation and the settlement of the Jewish population in Israel.
E) restoration of the financial institutions of North America.

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