Economics WAEC

Which of the following is a benefit to a member country of World Bank?

A. easy access to long term loans
B. management of foreign exchange
C. mediating in labour dispute
D. financing balance of payment deficit

Correct Answer: Option A

A. easy access to long term loans

Explanation

The World Bank is a vital source of financial and technical assistance to developing countries around the world. We are not a bank in the ordinary sense but a unique partnership to reduce poverty and support development.

Sunday

Share
Published by
Sunday
Tags: economics

Recent Posts

ETM 312 Theory Questions: Land Law and the Consequences of Unauthorized Land Transfers in Nigeria

300 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…

5 months ago

ETM 312 Theory Questions: Co-Ownership Structures and Land Acquisition Methods in Nigeria

200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…

5 months ago

ETM 312 Theory Questions: Rights in Community Land and Fundamental Land Concepts in Nigeria

200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…

5 months ago

ETM 312 Theory Questions: Customary Land Control and the Origins of Nigeria’s Land Use Act

200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…

5 months ago

ETM 312 Theory Questions: Land Ownership Principles and Transaction Laws in Nigeria

200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…

5 months ago

ETM 226 Theory Questions: Trespass: Types and Defenses in Property Law

200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…

5 months ago