Economy, asked by anilsahoo6638, 10 hours ago

degree of openness of on economy determine a government freedom to pursue economic policies ofits choice and susceptibility of the country to the international economy sycle defination defination pls​

Answers

Answered by Khushi20993
1

Answer:

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The degree of openness is measured by the actual size of registered imports and exports within a national economy, also known as the Impex rate. This measure is presently used by most political economists in empirically analyzing the impact and consequences of trading on the social and economic situation of a country

Answered by pranavvotavat
0

Explanation:

in political economy, the degree to which nondomestic transactions (imports and exports) take place and affect the size and growth of a national economy. The degree of openness is measured by the actual size of registered imports and exports within a national economy, also known as the Impex rate. This measure is presently used by most political economists in empirically analyzing the impact and consequences of trading on the social and economic situation of a country.

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