Corinthia is a small agricultural country that does not trade with the rest of the world.Based on this information,we can conclude that Corinthia is a(n)________ economy.

Question

Quizplus · Accepted Answer

Corinthia is a closed economy because it does not engage in international trade. A closed economy is one that does not have significant economic interaction with other economies outside its borders.

Corinthia Is a Small Agricultural Country That Does Not Trade