The World Bank Was Established To

question 41

Multiple Choice

The World Bank was established to:

• A) enhance development solely in Asia through grants.
• B) enhance economic development through non-subsidized loans (at market interest rates).
• C) enhance economic development through low-interest rate loans (below-market rates).
• D) enhance economic development of the private sector through investment in stock of corporations.

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Definitions:

Net Present Value

A valuation method that reflects the present value of an investment's future net cash flows minus the initial investment cost.