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Answer: World Bank.
## Explanation The correct answer is **A. World Bank**. **Key Points:** 1. **World Bank (International Bank for Reconstruction and Development - IBRD):** - Primary mission is to reduce poverty by providing financial and technical assistance to developing countries for development projects - Specifically focuses on infrastructure projects like roads, power plants, schools, hospitals, and other basic economic infrastructure - Provides long-term loans at low interest rates for development projects 2. **World Trade Organization (WTO):** - Focuses on regulating international trade rules and resolving trade disputes - Does not provide funding for infrastructure projects - Mainly deals with trade agreements and negotiations 3. **International Monetary Fund (IMF):** - Primarily provides short-term financial assistance to countries facing balance of payments problems - Focuses on macroeconomic stability, currency stabilization, and policy advice - Does not typically fund specific infrastructure projects **Why World Bank is the correct choice:** - The World Bank's explicit mandate includes financing infrastructure development in developing countries - It has specialized facilities like the International Development Association (IDA) that provides concessional loans to the poorest countries - Infrastructure development (transportation, energy, water, telecommunications) is a core component of the World Bank's development agenda **Additional Context:** - The World Bank Group consists of five institutions, with the IBRD and IDA being the main ones that provide loans and grants to developing countries - Infrastructure projects help create the foundation for economic growth and poverty reduction, which aligns perfectly with the World Bank's mission
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