A ldquo closed economy rdquo is an economy in which ........

Economic Affairs Foreign Trade - Trends and Policy

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A “closed economy” is an economy in which

the money supply is fully controlled

deficit financing takes place

only exports take place

neither exports nor imports take place

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Explanation:

Fourth option is correct.
A closed economy is self-sufficient meaning that no imports are brought into the country, and no exports are sent out of the country. A closed economy is the opposite of an open economy, in which a country conducts trade with other nations.