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The foremost objective of the International Bank of Recon...

The foremost objective of the International Bank of Reconstruction and Development (IBRD) is to

A.

Help promote private and public investments

B.

Assist members achieve a balance of payments stability

C.

Grant long term loans for infrastructure

D.

Maintain stabilily of foreign exchange

Correct answer is C

The major objective of the International Bank of Reconstruction and Development is to provide long-term capital to members countries for economic reconstruction and development.