APICS Certified in Logistics, Transportation and Distribution (CLTD) — Question 116
A developing country would like to improve its trade relations with Europe by updating its port infrastructure. Which international organization would help fund the project?
Answer options
- A. the bank for International Settlements
- B. The World bank
- C. The Central bank
- D. The International Monetary Fund
Correct answer: B
Explanation
The World Bank is specifically focused on providing financial and technical assistance for development projects, including infrastructure upgrades. The other organizations, like the International Monetary Fund and the Bank for International Settlements, do not primarily fund infrastructure projects in developing countries.