The International Bank for Reconstruction and Development (IBRD) is important to developing nations because it
A. gives aid for defence B. offers loans for public projects C. offers aid to finance private projects D. gives loans for legal proceedings
Correct Answer: B
Explanation
The world's largest development bank, IBRD also known as world bank provides financial products/aid and policy advice to help countries reduce poverty and extend the benefits of sustainable growth to all of their people.
