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

question 39

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:

Alternative Courses

Different paths or strategies that can be chosen in decision-making processes to achieve a specific goal.

Actions

Deeds or steps taken in order to achieve a specific purpose.

Scenario Planning

A strategic planning method used to make flexible long-term plans based on different possible future scenarios.

Contingency Planning

The development of strategies and actions to prepare for and respond to unexpected events or emergencies that could negatively impact operations.