Compared to the 1800s, the "openness ratio" of the U.S.economy had declined by the 2000s.
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Q40: Open economies have
A) less competition.
B) less firm
Q41: In the late 1990s, Schwinn Inc.closed all
Q42: If a nation has an open economy,
Q43: In an open trading system, a country
Q44: In response to the Great Recession of
Q46: Open economies have less firm turnover due
Q47: The "openness ratio" of the U.S.economy in
Q48: Increased foreign competition tends to increase profits
Q49: Higher costs of transportation and communication, and
Q50: In the long run, competitiveness depends on
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