Question

s a state that exists whenever an entity can survive or continue its activities without external assistance or international trade. (Hint: This term is usually applied to political states or their economic systems.)

Answer 1

Autarky is a state that exists where the entity can survive with no external help or the global trade.

What is trade?

Trade is the scenario when the nation engaged in acquiring or selling goods or providing services from or to the outside nations.

• Autarky is the situation of being self independent or exercising the self rule. It is being applied to the political states, systems of economy,  communities or states of the nation.
• When an entity can able to exist in the market with no global interference or any kind of external help, then that situation of a firm is tend to be an Autarky.

Therefore, the definition provided in respect of the term Autarky.

Learn more about the international trade in the related link:

brainly.com/question/27622280

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