Easy
1 point
ID: #6497
Question
The main function of the World Bank is to:
Options
1
give loans for development purposes
Correct Answer
2
help meet the countries balance of payment problems
Correct Answer
3
reduce trade gaps and inequalities
Correct Answer
4
assist in projects in developing countries
Correct Answer
Explanation
The primary function of the World Bank is to provide loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects.