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If the system 3H2(g) + N2(g) 2NH3(g) is at equilibrium and more N2 is added, a net reaction that consumes some of the added N2 will occur until a new equilibrium is reached.
International Monetary Fund (IMF)
Organization established in 1947 to promote trade among member nations by eliminating trade barriers and fostering financial cooperation.
Developed Countries
Nations with advanced economic systems, higher standards of living, and well-established infrastructures, often characterized by high Gross Domestic Product (GDP) per capita.
Balance-of-Payment Deficits
A situation where the total amount of money a country spends on foreign trade is greater than the amount it earns from such trade.
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