The World Bank primarily engages in
A) short-term lending aimed at helping developing nations repay debt accumulated in past years.
B) short-term lending aimed at helping developing nations repay loans from the International Monetary Fund.
C) long-term lending aimed at helping developing nations' governments and central banks keep exchange rates from varying.
D) long-term lending aimed at helping developing nations' governments and businesses make investments that will contribute to economic growth.
Correct Answer:
Verified
Q197: Where does the World Bank get its
Q198: The World Bank specializes in making loans
Q199: Those who advocate a role for the
Q200: Because of the problems of adverse selection
Q201: When a nation's currency suddenly loses value,
Q203: Both the World Bank and the IMF
Q204: If the government of a developing country
Q205: Both the International Monetary Fund and the
Q206: A multinational organization that aims to promote
Q207: The _ specializes in making long-term loans
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