Question

The World Bank primarily engages in

A) short-term lending aimed at helping developing nations repay debt accumulated in past years.

B) short-term lending aimed at helping developing nations repay loans from the International Monetary Fund.

C) long-term lending aimed at helping developing nationsʹ governments and central banks keep exchange rates from varying.

D) long-term lending aimed at helping developing nationsʹ governments and businesses make investments that will contribute to economic growth.

Answer

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