Multiple Choice
Which of the following defines a nation with a subsistence economy?
A) The agricultural products are imported, while the industrial outputs are produced within the nation.
B) The agricultural and industrial outputs are just enough for the nation to survive.
C) The economical outputs of the nation are in abundance and are mostly exported.
D) The economy offers outstanding marketing opportunities only for industrial products.
E) Both agriculture and industrial components are produced indigenously by the country and exported in large quantities.
Correct Answer:
Verified
Correct Answer:
Verified
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