Which of the Following Is Not a Major Factor That

question 169

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

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Definitions:

Physical Destruction

The act of causing significant damage or ruin to material objects or structures, often through force or violence.

Personal Injuries

Physical or emotional harm to an individual that may result from accidents, negligence, or intentional acts.

Natural Disaster

refers to the sudden and extreme events caused by environmental factors that result in significant damage and hardship to affected communities and regions.

Reassured

Reassured means having one's confidence restored; to be comforted or relieved from worries or doubts.