Economy, asked by jahnavisunchu8077, 11 months ago

Distinguish between closed economy and open economy

Answers

Answered by itzBrainlyBoy
3

Answer:

♥️#⃣A closed economy does not enter into any one of the following activities. (i) It neither exports goods and services to the foreign countries nor imports goods and services from the foreign countries. ... An open economy involves itself in the following activities. It buys shares, debentures, bonds etc.♥️#⃣

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