The Central Purpose of the World Bank Is To

question 70

Multiple Choice

The central purpose of the World Bank is to:

• A)promote foreign direct investment into developing countries by insuring investors against political risk.
• B)promote sustainable private sector development primarily by financing private sector projects and companies located in the developing world.
• C)promote exchange stability,to maintain orderly exchange arrangements among members,and to avoid competitive exchange depreciation.
• D)promote economic and social progress in developing countries by helping raise productivity so that their people may live a better and fuller life.
• E)provide facilities for the conciliation and arbitration of investment disputes between member countries and individual investors.

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Definitions:

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Refers to damages and wrongful seizures of power or rights, often used in historical or legal contexts to describe unjust acts by a government.

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Gag Rule

A rule limiting or preventing debate on a particular issue, often used within legislative bodies to suppress discussion or dissent.

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The sixth President of the United States, serving from 1825 to 1829, and played a key role in shaping foreign policy in the early years of the nation.