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What is meant by a closed economy? - Economics

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प्रश्न

What is meant by a closed economy?

अति संक्षिप्त उत्तर
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उत्तर

A closed economy is one that has no economic ties with other countries. It neither exports nor imports any goods or services.

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पाठ 17: Aggregate Demand and Supply - Determinants of Equilibrium - TEST QUESTIONS [पृष्ठ १७.११]

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आर. के. लेखी आणि पी. के. धर Economics [English] Class 12 ISC
पाठ 17 Aggregate Demand and Supply - Determinants of Equilibrium
TEST QUESTIONS | Q A. 13. (ii) | पृष्ठ १७.११
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