alleryStart learning →What does the World Bank offer to developing nations?
AEmergency loans to meet a shortfall in the annual budget
BGrants that never have to be repaid by the borrower
CA guarantee that their exports will find foreign buyers
DLow-interest loans, along with advice and information
Answer & Solution
Correct answer: D. Low-interest loans, along with advice and information
1. The World Bank offers low-interest loans to developing nations.
2. It is also a major source of advice and information for those nations.
3. Short-term emergency loans to meet budgetary expenses come from the International Monetary Fund instead.
4. The loans are loans rather than grants, so they must be repaid.
_Source: OpenStax Introduction to Business (CC BY 4.0), Ch 3 "Competing in the Global Marketplace", section 3.4 Fostering Global Trade_
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