WAEC Economics 2015 Objective — Question 49
Question 49 of 50 from the West African Examinations Council (WAEC) Economics 2015 Objective paper, with the correct answer and a full explanation.
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Which of the following is a benefit to a member country of the World Bank?
- A. Easy access to long term loansCorrect
- B. Management of foreign exchange
- C. Mediating in labour disputes
- D. Financing balance of payments deficit
Explanation
The World Bank is an international organization that provides member countries with access to long-term development loans.
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