Answer:
The correct answer is TRUE
Step-by-step explanation:
At it's peak, the Austro-Hungarian Empire was the second largest country in Europe and was a major power, thanks to it's export economy and machine building capacity.
The Empire was formed in 1876 with the unification of Austria and Hungary but ceased to exist by the end of World War I.
As a critical player in the first World War, which actually started when the Empire officially declared war on Serbia.
By the end of the war however, the Empire had almost completely dissolved with numerous new countries being formed.