Certified Global Business Professional (CGBP) Practice Exam

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What is the focus of the World Bank?

Providing free trade education

Offering loans for capital projects to countries

The World Bank primarily focuses on offering loans for capital projects to countries, particularly in developing nations. By providing financial resources, the World Bank aims to support projects that can enhance economic development and reduce poverty. These loans are often earmarked for significant infrastructure projects such as building roads, schools, and hospitals, which are critical for fostering economic growth and improving living standards.

The World Bank operates by providing funding and technical expertise to ensure that nations can achieve sustainable growth. This support helps countries implement development strategies that can lead to long-term benefits, impacting areas like education, health, and environmental sustainability.

While the other choices touch on aspects of global economic engagement or development, they do not accurately convey the central mission of the World Bank as clearly as the focus on providing loans for capital projects.

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Facilitating private sector investments

Monitoring global economic policies

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