Examlex
The fact that the earth does not go up in flames in spite of the richness of oxygen in our environment is related to which of the following concepts?
Autarky
An economic system characterized by self-sufficiency, where a region or country aims to produce all it needs without engaging in international trade.
Trade
The exchange of goods or services between parties, which can be within an economy or between economies, allowing for the specialization and efficiency gains.
Volume of Trade
The total quantity of shares or contracts traded for a specific security or market during a specified period.
Import
The act of bringing goods or services into one country from another country for sale or use.
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