MATCHING
Complete the following using the terms listed.
-The _____was established by ???industrialized nations to help fund projects to improve the infrastructure of developing nations.
A)embargo
B)balance of trade
C)joint venture
D)dumping
E)import
F)tariff
G)International Monetary Fund
H)World Trade Organization
I)multinational corporation (MNC)
J)devaluation
K)exchange rate
L)absolute advantage
M)trade surplus
N)quota
O)World Bank
P)balance of payments
Q)comparative advantage

Question

Quizplus · Accepted Answer

The World Bank was established by industrialized nations to provide loans and funding for development projects in developing nations.

Alternate Answer: G and O
 Both the International Monetary Fund and the World Bank were established by industrialized nations to promote economic development in developing nations. The IMF provides loans to countries with balance of payment difficulties while the World Bank provides funding for development projects.

MATCHING Complete the Following Using the Terms Listed