The absence of trade is known as:
A)alitartky.
B)oligarchy.
C)autarky.
D)embargo.

Question

Quizplus · Accepted Answer

The term autarky refers to a situation where a country or region does not engage in any trade or commerce with other countries or regions. This can be for a variety of reasons, including political isolationism, economic self-sufficiency, or international tensions that make trade difficult or impossible. The other answer choices - alitartky, oligarchy, and embargo - are not related to the concept of a lack of trade. Alitartky isn't a valid term, oligarchy refers to a type of government, and embargo refers to a government-imposed trade restriction.

The Absence of Trade Is Known As