Question

which among the following could be said to be an open economy

Answer 1

Answer:

A nation that trades with other nations in goods and services and financial assets

hope it's help u

Answer 2

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An open economy is a type of economy where not only domestic actors but also entities in other countries engage in trade of products (goods and services). ... It contrasts with a closed economy in which international trade and finance cannot take place.

• Open economy