which of the following is a benefit to a member country of World Bank?
Answer Details
One benefit to a member country of World Bank is "easy access to long-term loans." The World Bank is an international organization that provides loans and technical assistance to developing countries for various projects such as infrastructure development, education, and poverty reduction.
Access to long-term loans from the World Bank can provide member countries with the funds needed to undertake development projects that may otherwise be difficult to finance. These loans typically have low-interest rates and longer repayment periods than commercial loans, which can help reduce the burden of debt repayment on the borrowing country.
The World Bank does not directly manage foreign exchange or mediate in labor disputes, although it may provide technical assistance or advice on these issues. Financing balance of payment deficit is another potential benefit of World Bank membership, as the organization may provide loans to help countries address temporary shortfalls in their foreign currency reserves. However, access to long-term loans is generally seen as the primary benefit of membership in the World Bank.