The World Bank is an example of a(n)____,supported by industrialized nations,including the United States.
A) ADB
B) IMF
C) MDB
D) EFTA
E) LAFTA

Question

Quizplus · Accepted Answer

MDB stands for Multilateral Development Bank, and the World Bank is one of the most well-known examples of an MDB. It is supported by industrialized nations, including the United States. ADB (Asian Development Bank) and IMF (International Monetary Fund) are also examples of MDBs, but they do not fit the description of being specifically supported by industrialized nations, including the United States. EFTA (European Free Trade Association) and LAFTA (Latin American Free Trade Association) are not examples of MDBs at all.

The World Bank Is an Example of A(n)____,supported by Industrialized