Which of the Following Is NOT True of IGOs

question 10

Multiple Choice

Which of the following is NOT true of IGOs?

• A) Their members are governments of states.
• B) They meet at regular intervals.
• C) They have established rules for making decisions.
• D) They are generally considered less important than NGOs.
• E) They have a permanent secretariat of headquarters staff.

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Definitions:

Tax Revenue

Funds acquired by governments from taxation, employed to support public programs and fulfill government responsibilities.

Total Surplus

The sum of consumer surplus and producer surplus, representing the overall economic benefit to society from a market transaction.

Government Imposes

Actions taken by a government to enforce regulations, taxes, or penalties on a population or industry to achieve economic or societal goals.

Consumer Surplus

The variance between the aggregate sum consumers intend and are financially capable to allocate for a good or service and the aggregate sum they really spend.