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The term international financial institution typically refers to the International Monetary Fund, the World Bank Group, the African Development Bank, the Asian Development Bank, the Inter-American Development Bank, and the European Bank for Reconstruction and Development. The last five banks are considered MDBs. What does MDBs stand for?

  • Multicultural Development Banks
  • Multilingual Development Banks
  • Multilateral Development Banks Correct
  • Multifunctional Development Banks
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