Which of the Following Statement Characterizes Autarky

question 47

Multiple Choice

Which of the following statement characterizes autarky?  

• A) A country's consumption possibilities are the same as its production possibilities. 
• B) Equilibrium is attained with the maximum gains from specialization and trade. 
• C) Equilibrium is attained with the maximum amount of international trade. 
• D) A nation is governed by an individual who has absolute authority.

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Definitions:

Meeting Request

An invitation sent via email or a calendar application that proposes a specific time and place for a meeting, often allowing recipients to RSVP.

Recurring Appointment

A scheduled meeting or event that repeats at regular intervals in a calendar.

Calendar

A system for organizing days for social, religious, commercial, or administrative purposes, often presented in a table or grid.

Appointment Status

An indication of the state or condition of a planned meeting or event, such as confirmed, pending, or cancelled.