Table of Contents
What does autarkic mean in English?
Is autarkic a word?
What is autarkic price?
How do you use autarky in a sentence?
What is the opposite of autarky?
Is North Korea an autarkic?
How do you pronounce autarkic?
What is the difference between autarchy and autarky?
How do you pronounce autarky?
What was autarky in Germany?
How do I get autarky consumption?
How is autarky price calculated?
What is a self-sufficient country?
What is the autarky terms of trade in the US?
Is autarky a closed economy?
Autarky is an economic policy to have a closed economy and not allow any external trade. In practice, a policy of autarky may refer to attempts to reduce a country’s dependence on external trade. For example, imposing tariffs and quotes may restrict trade even if it can not be entirely abolished.
Can a country be self-sufficient?
Can a country be self reliant?
Which countries have closed economy?
- Morocco and Algeria (excluding oil sales)
- Ukraine and Moldova (despite late exports sector)
- Most of Africa, Tajikistan, Vietnam (closest to the closed economy)
- Brazil (if imports are to be neglected)