Asked by Farhan Malik on Jul 30, 2024
Verified
The international organization, with 189 member nations, whose major objective is to help DVCs achieve economic growth is the
A) World Trade Organization.
B) World Bank.
C) G8 Nations.
D) United Nations.
World Bank
An international financial institution that provides loans and grants to the governments of low and middle-income countries for the purpose of pursuing capital projects.
Economic Growth
An increase in the production of economic goods and services, compared from one period of time to another.
Developing Countries
Nations with lower levels of industrialization, lower standards of living, and lower Human Development Index ratings compared to developed countries.
- Acknowledge the importance of worldwide organizations and efforts in supporting economic progress in developing countries.
Verified Answer
Learning Objectives
- Acknowledge the importance of worldwide organizations and efforts in supporting economic progress in developing countries.
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