The figure given below depicts the foreign exchange market for British pounds traded for U.S. dollars.Figure 22.2

-The World Bank was created to help finance economic development in poor countries.

Question

The figure given below depicts the foreign exchange market for British pounds traded for U.S. dollars.Figure 22.2
 
-The World Bank was created to help finance economic development in poor countries.

Quizplus · Accepted Answer

The World Bank was established in 1944 with the primary purpose of providing financial and technical assistance to developing countries for development programs (e.g., bridges, roads, schools) that are expected to improve the economic prospects and quality of life for people in those countries.

The Figure Given Below Depicts the Foreign Exchange Market for British