Larger economic entities typically fare better than smaller ones in the modem world economy
A) because demand for export is more stable than domestic demand.
B) although autarky is still a decent option for many entities.
C) because import demand is more stable than export demand.
D) because small economies can often be overwhelmed by forces beyond the control of their leaders.

Question

Quizplus · Accepted Answer

Larger economic entities have more resources and bargaining power to navigate the global market and withstand external economic shocks. Smaller economies, on the other hand, may face challenges in maintaining stability and growth due to their size and limited resources. This is especially true when faced with unexpected or external economic crises beyond the control of their leaders.

Larger Economic Entities Typically Fare Better Than Smaller Ones in the Modem