Which Term Was Not Defined in the International Monetary Fund's

question 48

Multiple Choice

Which term was not defined in the International Monetary Fund's Articles of Agreement but was intended to apply to countries that had suffered permanent adverse shifts in the demand for their products?

• A)Competitive disadvantage
• B)Capital flight
• C)Fundamental disequilibrium
• D)Break-even point
• E)Diseconomies of scale

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Definitions:

Chlorofluorocarbon

A class of compounds used in refrigerants and aerosols, known for their role in ozone depletion.

Ozone Destroyer

Substances, typically man-made chemicals like CFCs, that lead to the depletion of the ozone layer in the Earth's stratosphere.

Deforestation

The large-scale removal of forest land or tree plantations, often resulting in damage to the quality of the land.

Soil Nutrient Loss

The depletion of essential minerals and compounds from soil, often due to factors like erosion, over-farming, or leaching, which can reduce soil fertility and agricultural productivity.