Economy, asked by Harshitagoswami7071, 11 months ago

An economy which does not have any realtion with rest

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Answered by Ekaparnika
0

Answer:

A closed economy is one that has no trade activity with outside economies. The closed economy is self-sufficient, which means no imports come into the country and no exports leave the country. The purpose of a closed economy is to provide domestic consumers with everything they need from within the country's borders.

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