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The world bank lends money to memeber nation so that they could be carry out the work of public importance and usefulness.
Underdeveloped countries don't have the productive capacities necessary to take advantage of increasing international trade.
When it gives up less than others to engage in a particular type of production
Specialized production
An improved climate for foreign investment
There must be an international division of labor for a country to specialize its production.
Brand new items to replace the items lost (APE*)
Annual percentage rate: The amount of interest paid on unpaid balances;
Grace period: Number of days to run a balance before fees or interest are charged;
Secured card: A credit card with money in a savings account to act as collateral;
Credit report: A listing of a person's financial information and history.
Lower production costs help lure foreign investment.
Students don't have to provide any collateral to get a student loan. On some student loans, payment may be deferred until the student is out of college.
Free-trade policies
Competition with lower wages and jobs leaving the country are some of the major drawbacks of globalization.
Personal opinion
we dont knw so dont ask
