Which member of the World Bank Group settles disputes between foreign investors and countries?
- AInternational Development Association (IDA)
- BMultilateral Investment Guarantee Agency (MIGA)
- CInternational Finance Corporation (IFC)
- DInternational Centre for Settlement of Investment Disputes (ICSID)
Show answer and explanation
Correct answer: (d) International Centre for Settlement of Investment Disputes (ICSID)
Explanation
ICSID settles investment disputes between investors and states. (The Permanent Court of Arbitration at The Hague is not part of the World Bank Group.)