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What Was the World Bank's Original Purpose

Question 3

Multiple Choice

What was the World Bank's original purpose?


A) To implement neoliberal structural adjustment policies
B) To make loans to war-torn European countries at preferential rates of interest
C) To provide short-term financing so countries could deal with balance of payments deficits
D) To oversee the activities and functions of the International Monetary Fund
E) To promote stable currency exchange to prevent competitive devaluation

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