Question 30EconomicsJAMB
The International Bank for Reconstruction and Development (IBRD) performs the following functions except
A
granting long-term loans
B
assisting with technical expertise
C
reducing tariff among members
D
developing human resource
Step-by-Step Explanation
Ans: C___ IBRD, i.e World Bank doesn't perform the function of reducing tariff among members.
Ref: Fundamentals of Economics for Senior Secondary Schools by R.A.I Anyanuwuocha. 2010 Ed. Pgs. 274.