Economics WAEC

The International Bank of Reconstruction and Development (IBRD) is important to the developing nations because it?

A. Gives loans to member s for legal proceedings
B. Offer grants and aids for defense
C. Enhances financial relationship among countries
D. Offer soft loans for educational and health services
E. Offer grants and aid to finance private projects

Correct Answer:

Option C – Enhances financial relationship among countries

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