Business Studies, asked by saniarasheed0902, 3 months ago

characteristics of open market operation

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Answered by Anonymous

1

Explanation:

An open market is characterized by the absence of tariffs, taxes, licensing requirements, subsidies, unionization, and any other regulations or practices that interfere with free-market activity. Open markets may have competitive barriers to entry, but never any regulatory barriers to entry.

Answered by aparam

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