Economy, asked by mahirkhan, 1 year ago

what is called closed economy

Answers

Answered by Lovealia1
1
A closed economy prohibits imports and exports, and prohibits any other country from participating in their stock market. There have been many examples of closed economies throughout history, but very few closed economies exist today. also called autarky.

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Answered by Bhawnasaini1
2
A closed economy prohibits import and export and prohibits any other country from participating in their stock market they have many examples of closed economy
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