A multinational corporation attempting to secure an airport construction project involving billions of dollars in cost would be best advised to apply to the _________ for funding.

Question

Quizplus · Accepted Answer

The World Bank is an international financial institution that provides loans and grants to developing countries for projects aimed at reducing poverty and improving the standard of living. They also provide funding for large-scale infrastructure projects, such as airport construction. Therefore, a multinational corporation attempting to secure an airport construction project involving billions of dollars in cost would be best advised to apply to the World Bank for funding. The London banking market, New York bond market, and Tokyo foreign bond market may also offer funding options, but they may not have the same level of expertise in funding projects for developing countries.

A Multinational Corporation Attempting to Secure an Airport Construction Project