Which Statement Is NOT True About IGOs

question 70

Multiple Choice

Which statement is NOT true about IGOs?

• A) There are thousands of IGOs in the world today.
• B) IGOs generally have permanent secretariats or bureaucracies.
• C) Their membership consists of three or more nation-states.
• D) IGOs have extremely limited ability to accomplish anything.

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Definitions:

Fixed Amount

A specific, unchanging quantity or sum, often used in financial contexts to denote a constant payment or investment.

Accounting Profits

The profit or loss recorded on a company's financial statements, calculated as revenues minus expenses and taxes.

Economic Profits

The difference between total revenue and total costs, considering both explicit and implicit costs.

Salary Offer

The amount of pay or compensation that an employer is willing to give an employee for their work.