Which of the following organizations tries to encourage the flow of investment to poor countries?
A)World Bank
B)Organization of Less Developed Countries
C)Alliance of Developing Countries
D)International Development Alliance

Question

Quizplus · Accepted Answer

The World Bank is a global organization that provides loans, grants, and other forms of financial assistance to developing countries in order to encourage economic growth and reduce poverty. One of its key missions is to promote investment in poor countries, through initiatives such as the International Finance Corporation and the Multilateral Investment Guarantee Agency. The other organizations listed (B, C, D) do not exist.

Which of the Following Organizations Tries to Encourage the Flow