Categories: Economics WAEC

Which of the following institutions is Concerned with expanding developing countries’ commodity trade?

A. World Trade Organization (WTO)
B. United Nations Conference on Trade and Development (UNCTAD)
C. Economic Commission for Africa (ECA)
D. African Development Bank (AfDB)

Correct Answer:

Option D = African Development Bank (AfDB)

Explanation

The African Development Bank was established to help reduce poverty, improve living conditions for Africans and mobilize resources for the continent’s economic and social development.

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