Which Organization Is Largely Intended to Make Long-Term Reconstruction Loans

question 96

Multiple Choice

Which organization is largely intended to make long-term reconstruction loans to developing nations?

• A) Export-Import Bank
• B) World Bank
• C) International Monetary Fund
• D) United Nations

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Definitions:

Assets

Resources owned by a company that have economic value and can be converted into cash.

Liabilities

Financial obligations or debts that a company owes to external parties.

Residual Equity

The amount of equity remaining for shareholders after all liabilities have been deducted from total assets.

Owner's Equity

The assets left over in a business once liabilities are cleared, showing the equity of owners or shareholders.