Which of the Following Was the Initial Mission of the World

question 30

Multiple Choice

Which of the following was the initial mission of the World Bank?

• A)maintaining order in the international monetary system
• B)financing the building of Europe's economy by providing low-interest loans
• C)taking over as the successor to the International Monetary Fund
• D)reviving the gold standard system
• E)enforcement of the floating exchange rate system

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Definitions:

Stocks

Shares in the ownership of a company, representing a claim on the company’s assets and earnings.

Minority Interest

An ownership stake in a company that is less than 50 percent, indicating that the investor does not have control over business operations.

Outstanding Stock

Shares of a company's stock that have been issued and are currently held by investors, including public shareholders and company insiders.

Parent

In financial terms, this refers to a parent company that owns enough voting stock in another company to control its operations and policies.