A development bank based in London, which loans funds to governments of Eastern Europe and the former Soviet Union is the ?
Correct answer: C. European Bank for Reconstruction and Development
- A. Transitional Monetary Fund
- B. World Bank
- C. European Bank for Reconstruction and Development
- D. OECD
Explanation
The European Bank for Reconstruction and Development was created to finance the transition toward market economies in Eastern Europe and the former Soviet Union. Its headquarters are in London.
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