achampion7774
Answered

Which of the following statements is false?

AThe IMF has over 180 member nations.
BThe IMF and the World Bank are considered special agencies of the UN.
CThe IMF and the World Bank focus their efforts on promoting world trade.
DThe Bretton Woods Conference is the commonly used name for the conference that created the IMF and the World Bank.

Verified Answer :

The answer to the question presented above would be letter c. The IMF and the World Bank focus their efforts on promoting world trade. Both agencies focus on the development, economic self-sufficiency, and the currency problems of developing countries. It does not directly focus on promoting world trade.

The correct answer is C on E2020

Related Questions