A Situation in Which a Country Does Not Trade with Other

question 39

Multiple Choice

A situation in which a country does not trade with other countries is called

• A)autarky.
• B)self-actualization.
• C)autonomy.
• D)independence.

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Definitions:

Insolvent

Insolvent denotes a state in which an individual or organization is unable to meet its financial obligations as debts become due because its liabilities exceed its assets.

Promises to Give Gifts

Commitments made by one person to give something to another without expecting anything in return.

Suing

The act of bringing a lawsuit against an individual or entity, seeking legal remedy for grievances.

Liability

[Rephrased] is the state of being legally accountable for actions or decisions, often involving financial compensation to aggrieved parties.