Which of the Following Is NOT a Major Factor That

question 95

Multiple Choice

Which of the following is NOT a major factor that encourages developing nations to form international commodity agreements?

• A) inelastic commodity supply schedules
• B) inelastic commodity demand schedules
• C) export markets that tend to be unstable
• D) secular increases in their terms of trade

---

Definitions:

Organizational Budget

A detailed financial plan that outlines an organization's expected revenues and expenditures over a specific period of time.

Revenue

The total amount of money received from the sale of goods or services, as well as from related business activities.