Question 47
International Economic OrganisationsThe International Bank for Reconstruction and Development (IBRD) performs the following functions except
- A.granting long-term loans.
- B.assisting with technical expertise.
- C.reducing tariff among members.
- D.developing human resource.
Show the answer and explanation
Answer: C (reducing tariff among members.)
Explanation
Reducing tariffs is the work of the WTO, not the World Bank.