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What is the main function of the Multilateral Investment Guarantee Agency (MIGA)?

A) Provide interest-free loans
B) Promote foreign direct investment by offering insurance
C) Settle investment disputes
D) Finance private sector projects

Correct Answer: B) Promote foreign direct investment by offering insurance

MIGA is a member of the World Bank Group. Its primary mandate is to promote cross-border investment in developing countries by providing political risk insurance (guarantees) to investors and lenders.

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