What kind of loans does the World Bank make?

A. short-term emergency loans

B. loans to promote financial stability

C. long-term loans with low or no interest

D. loans to promote financial stability

The right choice is:

C. long-term loans with low or no interest.

Explanation:

The World Bank is a multilateral lending institution that promotes development and poverty reduction. It is not a typical bank. According to its website, the WB offers members low-interest loans, zero to low-interest credits and grants. The main beneficiaries are developing countries. The bank finances numerous projects in areas such as education, public health, public administration, infrastructure, the environment and other.

d) resisting gorbachev’s reforms

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