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9966 [12]
4 years ago
7

The World Bank is an example of a(n) ____, supported by industrialized nations, including the United States.

Business
2 answers:
galben [10]3 years ago
7 0
Multionational development bank
Elena-2011 [213]3 years ago
4 0

Answer:

Multilateral development bank

Explanation:

A development bank is a government owned bank that provides financial support to enhance/promote economic advancement of the country.examples of development banks are Agricultural development banks, housing development banks and export-import development banks. this banks mentioned provide financial assistance to economic activities wired towards them like with export-import development banks, financial aid is provided to exporters and importers.

While a Multilateral development bank is a development bank established by different nations and its operation is guided by international laws created and agreed upon by the countries. The World Bank is a typical example of such bank. the world bank provides Financial assistance when needed as well to the countries supporting it.

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