Question

    What is the primary function of the World

    Bank?
    A Provide short-term loans to developing countries Correct Answer Incorrect Answer
    B Manage foreign exchange reserves Correct Answer Incorrect Answer
    C Provide long-term loans and grants to support economic development Correct Answer Incorrect Answer
    D Regulate global trade Correct Answer Incorrect Answer
    E Manage international currency exchange Correct Answer Incorrect Answer

    Solution

    The World Bank primarily provides long-term loans and grants to developing countries to support economic development and poverty alleviation.

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