Which of the following statements is TRUE about the success of the World Bank?
A. The World Bank has been successful because it has focused on its primary function of making loans to governments.
B. The World Bank has not been successful because it has focused on making loans to governments where there has been a loss of confidence in a nation's financial system.
C. The World Bank has not been successful because many loans have been made to countries that can attract private funds.
D. The World Bank has been very successful in promoting economic growth because loans have been primarily made to countries that have trouble attracting private funds.
Answer: C
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