ECONOMICS
TRADE EXCHANGE AND INTERDEPENDENCE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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World
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Global
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Bank of
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United Nation’s
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Detailed explanation-1: -The World Bank Group has set two goals for the world to achieve by 2030: End extreme poverty by decreasing the percentage of people living on less than $1.90 a day to no more than 3% Promote shared prosperity by fostering the income growth of the bottom 40% for every country.
Detailed explanation-2: -The IMF provides financial assistance and works with governments to ensure responsible spending. The IMF offers various types of loans that are tailored to countries’ different needs and specific circumstances. Loans to low-income countries carry a zero interest rate.
Detailed explanation-3: -We help developing countries achieve sustainable growth by financing investment, mobilizing capital in international financial markets, and providing advisory services to businesses and governments.
Detailed explanation-4: -The world’s largest development bank, IBRD provides financial products and policy advice to help countries reduce poverty and extend the benefits of sustainable growth to all of their people.