An open economy is one wherea. Deficit financing is absentb. No export activitiesc. No import activitiesd. Economy opened to the world

An open economy is one where
a. Deficit financing is absent
b. No export activities
c. No import activities
d. Economy opened to the world
by

1 Answer

Answer :

d. Economy opened to the world
A closed economy is one where there is no exporting or importing activity. it is
generally a feature of underdeveloped economies.
by

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