According to the textbook, the relationship between economic growth and the degree of how closed an...
According to the textbook, the relationship between economic growth and the degree of how closed an economy is
| positive. | |
| negative. | |
| constant. | |
| unstable. |
Homework Answers
Negative
The more closed the economy is,the lower will be its economic growth.This is because a closed economy will be unable to enjoy the benefits that an open economy can get when it trades with other countries.
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