An economy that is self-contained and does not engage in any trade with outsiders is a(n) :
A) autarky.
B) oligopoly.
C) oligarchy.
D) monarchy.
Correct Answer:
Verified
Q24: An important determinant of comparative advantage is:
A)diversity
Q25: Once a new technology spreads and is
Q26: Even if there are big gains to
Q27: A country may gain a temporary comparative
Q28: Which of the following does not affect
Q30: As the workforce in a country with
Q31: Over time, technology tends to:
A)set countries apart
Q32: A country with plenty of capital and
Q33: A country is likely to have a
Q34: A country with a lot of land
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