Which Organization Tries to Encourage the Flow of Investment to Poor

question 146

Multiple Choice

Which organization tries to encourage the flow of investment to poor countries?

• A) World Bank
• B) Organization of Less Developed Countries
• C) World Health Alliance
• D) International Development Alliance

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Definitions:

Perfectly Competitive

A perfectly competitive market is an economic theory of a market where all participants are price-takers, and goods are completely homogeneous, ensuring no single buyer or seller has market power.

Economic Profits

The financial gains that are realized when total revenues exceed total costs, including both explicit and implicit costs.

Accounting Profits

The net earnings of a company as calculated by subtracting all explicit costs from total revenues, according to standard accounting practices.

Fixed Costs

Costs that do not vary with the level of output or production, such as rent or salaries.