What Do Economists Call a Situation Where a Country Does

question 32

Multiple Choice

What do economists call a situation where a country does not engage in international trade?

• A)Autarky.
• B)Self-actualisation.
• C)Autonomy.
• D)Independence.

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Definitions:

Mores

Deeply held cultural norms and values that embody the moral views of a group or society.

Folkways

Are norms that specify social preferences. Because they are the least important norms, violating them evokes the least severe punishment.

Sociobiologists

Scientists who study the biological underpinnings of social behavior across different species, including humans, aiming to understand how evolution has shaped social interactions and structures.

Mutation

A change in the DNA sequence within an organism's gene or chromosome, leading to variation.