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CONW 1013 - The Contemporary World Module 3 | Comparative and Absolute Advantage Theories

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CONW 1013 - The Contemporary World Module 3 | Comparative and Absolute Advantage Theories

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Questions and Answers

When was the World Bank established?

1960

1950

1944 (correct)

1939

What is the main purpose of international non-profit agencies like regional development banks?

To invest in luxury projects for high returns

To promote economic development and finance productive projects (correct)

To provide short-term loans for member countries

To maximize profits for shareholders

Which statement accurately describes the World Bank's role?

It provides long-term capital for reconstruction and development projects (correct)

It only supports projects with guaranteed profitability

It primarily focuses on short-term financing for member countries

It promotes stock market investments in member countries

What is one of the purposes for setting up the World Bank?

To assist in the reconstruction and development of member territories Signup and view all the answers

What does the World Bank do to promote private foreign investment?

By guaranteeing or participating in loans made by private investors Signup and view all the answers

Which goal is NOT among the purposes for setting up the World Bank?

Ensuring equal distribution of profits among members Signup and view all the answers

What does the World Bank aim to maintain regarding international trade?

Balanced growth and equilibrium in balance of payments Signup and view all the answers

In what way does the World Bank conduct its operations?

Taking into account the impact on business conditions of member territories Signup and view all the answers

What was one of the reasons for establishing the World Bank after World War II?

To assist member countries with post-war reconstruction and development. Signup and view all the answers

CONW 1013 - The Contemporary World Module 3 | Comparative and Absolute Advantage Theories

Choose a study mode

Podcast

Questions and Answers

When was the World Bank established?

What is the main purpose of international non-profit agencies like regional development banks?

Which statement accurately describes the World Bank's role?

What is one of the purposes for setting up the World Bank?

What does the World Bank do to promote private foreign investment?

Which goal is NOT among the purposes for setting up the World Bank?

What does the World Bank aim to maintain regarding international trade?

In what way does the World Bank conduct its operations?

What was one of the reasons for establishing the World Bank after World War II?

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