The national economic self-sufficiency i.e., exclusion from international trade pursued as a national policy is called:

Related MCQs

• The World Trade Organization (WTO) is the only international body dealing with the rules of trade between nations. The World Trade Organization began life on 1st of
• The General Agreement on Tariffs and Trade trade rounds concentrated on reducing tariffs. Which round was the first major attempt to tackle trade barriers and to improve the system? This eighth round is called:
• A trade barrier is any government limitation on the free international exchange of merchandise. Which of these is an instance of trade barrier?
• The dominant body of economic thinking, economic method and economic style in the period from 18th to 19th century is termed as
• The amount of gold reserve, currencies and special drawing rights available for the finance of international trade is called:
• The international trade and exchange between more than two countries without discrimination between those involved is called:
• The study of whole economic systems aggregating over the functioning of individual units. Specifically, it is study of national economies and the determination of national income. It is known as
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• An early modern European economic theory that trade generates wealth of bullion which a government should encourage by promoting exports and restricting imports is called:
• The term used to describe a sharp slowdown in the rate of economic growth or a modest decline in economic activity is called: