The world's total output will be greater the more self-sufficient each of the world's economies becomes.

Name: The world's total output will be greater the more self-sufficient each of the world's economies becomes.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The statement is false. Increasing self-sufficiency can lead to a decrease in trade and specialization, which can limit overall economic output and growth. However, some level of self-sufficiency can be beneficial for national security and resilience in times of crisis.

The World's Total Output Will Be Greater the More Self-Sufficient