Which of the Following Is True of Autarky

question 91

Multiple Choice

Which of the following is true of autarky?

• A)Each country's consumption possibilities are the same as its production possibilities.
• B)Equilibrium is attained with the maximum gains from specialization and trade.
• C)There is no legal limit on the amount of a commodity that can be imported.
• D)Countries export products they can produce more cheaply in return for products that are unavailable domestically or are cheaper elsewhere.
• E)World price is determined by the world supply and demand for a product.

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Definitions:

Organic Amnesia

Memory loss caused by physical damage or changes to the brain, which can result from injury, disease, or substance abuse.

Dissociative Identity Disorder

A psychological condition characterized by the presence of two or more distinct personality states that control an individual's behavior at different times.

Fugue State

A rare psychological state involving loss of personal identity and memory, often accompanied by unexpected travel or wandering.

Psychogenic Amnesia

A memory disorder characterized by sudden retrograde episodic memory loss, said to occur for a period of time proceeding a traumatic event, though not due to direct physical damage.