Economics

Which one of the following statements about the World Bank is correct?
A. The World Bank provides gold for developing countries that want to go on the gold standard.
B. The World Bank provides short-term loans to developing countries that are incurring balance of payments deficits.
C. The World Bank provides military assistance to those nations interested in improving national defense.
D. The World Bank makes and guarantees loans for basic development projects such as the construction of dams, roads, and
schools.

I believe my answer is D

  1. 👍 0
  2. 👎 0
  3. 👁 505
  1. I agree with you. D is the only answer that makes sense. The short term loans posited in B would not help much and the other choices are total nonsense.

    1. 👍 0
    2. 👎 0
  2. I choose option D because World bank provide short term loans also but
    it doesnot provide any guaarantees

    1. 👍 0
    2. 👎 0

Respond to this Question

First Name

Your Response

Similar Questions

  1. Finance

    First Simple Bank pays 6 percent simple interest on its investment accounts. First Complex Bank pays interest on its accounts compounded annually. Required: What rate should the bank set if it wants to match First Simple Bank over

  2. History

    Which answer best describes Andrew Jackson's view of a national bank? A)Jackson felt that a national bank should be more tightly regulated by the government. B)Jackson felt that a national bank was well within the rights of the

  3. American History

    How did Jackson’s Bank War change the United States economy? It caused the closure of the Second Bank of the United States and led to the Panic of 1837. It promoted the idea that states could successfully operate their own

  4. history

    Which of the following is a result of the demand for labor in the New World? Slaves were shipped to the New World. Religious separatists came to the New World. Missionaries were sent to the New World. Conquistadores came to the

  1. english

    For the following questions, match each word to its definition by filling in the correct letter. wise deceptively charming enormous passion sound; fit competing awe-inspiring sinister; threatening Use the word bank to answer the

  2. math

    You’re getting married and are unhappy with your present bank. Discuss how you should go about choosing a new bank and opening an account. Consider the factors that are important to you in selecting a bank— such as the type

  3. I need help answering this Accounting question!?

    Bluejay Corp. prepared a bank reconciliation as of July 31, 2009. The following items were identified: Bluejay's bank statement balance: $14,300 Deposit in transit: 1,000 Outstanding checks: 1,300 Bank service charges: 50

  4. accounting

    On, April 1, 2015, Lester Company received a bank statement that showed a balance of $ 8,950. Lester showed a $8,000 checking account balance. The bank did not return check No. 115 for $750 or check No. 118 for $370.00. A $900.00

  1. Macroeconomic

    All of the following statements are true of the Federal Reserve EXCEPT: A. Acts as the central bank for all countries in the world. B. Along with the Board of Governors, the chairperson of the Federal Reserve determines monetary

  2. Reading

    Ah, love, let us be true To one another! for the world, which seems To lie before us like a land of dreams, So various, so beautiful, so new, Hath really neither joy, nor love, nor light, Nor certitude, nor peace, nor help for

  3. Math

    7) the table shows the monthly fees for the checking accounts at two banks. Fargo bank does 3% of checking accounts balance. Citizens bank does 6$ A. The fee at Bank Fargo will always be more than the fee at bank Citizens. B. The

  4. Macro check and help

    A bank has $200 reserves, $800 loans, $400 securities, $1200 deposits, and $100 debt. a) Calculate the bank's capital. b) Calculate the bank's leverage ratio. c) Suppose there is a stock market boom, so that the bank's assets

You can view more similar questions or ask a new question.