The World Bank   A. is a multinational organization that aims to promote world economic growth through more financial stability.   B. is a multinational agency that specializes in making loans to promote​ long-term development and growth in developing countries.   C. is a central bank like the Federal Reserve System.   D. is the bank that causes international financial crisis when the reserves are too high

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter18: Globalization
Section: Chapter Questions
Problem 15E
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The World Bank
 
A.
is a multinational organization that aims to promote world economic growth through more financial stability.
 
B.
is a multinational agency that specializes in making loans to promote​ long-term development and growth in developing countries.
 
C.
is a central bank like the Federal Reserve System.
 
D.
is the bank that causes international financial crisis when the reserves are too high.
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