Ask Question
1 July, 07:35

A closed economy is one in which:

a. saving exactly equals investment at full employment

b. imports exactly equal exports, so that trade is balanced

c. the home economy is isolated from foreign trade

d. domestic firms invest in industries overseas

+4
Answers (1)
  1. 1 July, 09:44
    0
    Hi) I think it's an economy which is isolated from the world ... so I'd say C
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “A closed economy is one in which: a. saving exactly equals investment at full employment b. imports exactly equal exports, so that trade is ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers