Register
Which of the following statements about the World Bank is FALSE? It makes loans to LDCs for economic development. It helps fund improvements in transportation. It receives donations from developed countries.
44.1k views
2 votes
Which of the following statements about the World Bank is FALSE?

It makes loans to LDCs for economic development.


It helps fund improvements in transportation.


It receives donations from developed countries.


It receives loans from developed countries

User Manu Navarro
by
5.0k points

2 Answers

5 votes

The only option that is false is the last one:

It receives loans from developed countries

The World Bank does give loans to LDC and helps fund for transportation improvements. The World Bank gets its money from donations not loans

Hope this helped!

~Just a girl in love with Shawn Mendes

User Saumil
by
4.7k points
7 votes

Answer:

The False option was the last choice: It receives loans from developed countries.

Step-by-step explanation:

Ask for furtger explanation.

User Jhermann
by
5.2k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.2m questions

6.8m answers

Other Questions

Decker Tires' free cash flow was just FCF0 = $1.32. Analysts expect the company's free cash flow to grow by 30% this year, by 10% in Year 2, and at a constant rate of 5% in Year 3 and thereafter. The WACC
Misk Co. purchased the following securities during 20X7 to be classified as held-to-maturity securities, trading securities, or available-for-sale securities: I. Debt securities bought and held for the
Which of the following should be considered last when searching for financing? Family members Banks Commercial finance companies Credit cards I'm guessing it's C but idk
Explain the similarities and differences between how both producers and consumer use money
Donna's philosophy as she coordinates the marketing efforts is to keep in mind the company's overarching strategy, and to ensure that all marketing activities send a consistent message, beginning with
Link Copied!