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The Export Earnings Stabilization System (STABEX) Agreement Adopted by the European

question 9

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The export earnings stabilization system (STABEX) agreement adopted by the European Community in the early 1970s seek to compensate its ex-colonies.


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Incompetent Leader

A person in a position of authority who lacks the skills, qualities, or abilities to effectively manage, inspire, or guide others.

Personal Responsibility

The belief that individuals are accountable for their actions and consequences.

Irrational Fear

A fear that is disproportionate to the threat or danger it is associated with, often resulting from psychological factors.

Paying Attention

The act of concentrating or focusing one's mental energies on a specific object, task, or subject.

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