How the World Bank Is Run

How the World Bank Is Run

Assessment

Interactive Video

Business

University

Hard

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The video provides an overview of the World Bank, its founding, and its purpose to stabilize currency exchange rates and rebuild Europe post-World War II. It explains the World Bank's financial structure, including its $400 billion portfolio, funding sources, and AAA credit rating. The video also distinguishes the World Bank from the International Monetary Fund (IMF), highlighting their different roles and functions, such as the World Bank's focus on infrastructure projects and the IMF's short-term financial assistance to countries in trouble.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was one of the primary reasons for the founding of the World Bank?

To stabilize currency exchange rates after World War II

To provide short-term loans to countries

To manage global trade agreements

To regulate international banking laws

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the World Bank primarily obtain its funding?

By printing its own currency

From capital provided by member countries

Through donations from private individuals

By taxing international trade

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key feature of the World Bank's financial strategy?

It relies solely on donations

It focuses on short-term financial aid

It borrows at low rates to lend to client countries

It invests in cryptocurrency

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In what way does the IMF assist countries differently than the World Bank?

By investing in private sector companies

By giving short-term financial infusions for policy changes

By providing long-term infrastructure loans

By offering political risk insurance

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of projects does the World Bank focus on?

Regulating international trade

Providing military aid

Short-term financial bailouts

Building infrastructure like roads