In autarky,
a. each country's consumption possibilities are the same as its production possibilities
b. equilibrium is attained with the maximum gains from specialization and trade
c. equilibrium is attained with the maximum amount of international trade
d. a nation has such a high standard of living that there are technically no poor people
e. a nation is governed by an individual with absolute authority
A
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When observing people making choices that do not at first appear to be rational, an economist will ask,
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