1) Which among the following could be said to be an 'Open Economy'?
a) A nation that follows the doctrine of Free-market and Laissez-faire economics
b) A nation that trades with other nations in goods and services and financial
assets
c) An economy that operates without government intervention
d) None of the above
a) A nation that follows the doctrine of Free-market and Laissez-faire economics
b) A nation that trades with other nations in goods and services and financial
assets
c) An economy that operates without government intervention
d) None of the above