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Which of the Following Is Not a Characteristic of Technology

question 121

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Which of the following is not a characteristic of technology?


Definitions:

International Trade

The exchange of goods, services, and capital between countries and territories.

Autarky

Autarky is an economic policy or situation in which a nation is self-sufficient and does not engage in international trade or relies minimally on external resources.

Producer Surplus

the difference between what producers are willing to accept for a good versus what they actually receive.

World Price

The global market price of a good or service, influenced by international supply and demand.

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