According to the text, an open economy is likely to have all the following EXCEPT
A)high economic growth.
B)relatively more trade barriers.
C)high technological progress.
D)relatively more rapid spread of ideas.

Question

Quizplus · Accepted Answer

An open economy is characterized by less trade barriers and greater integration into the global economy. Therefore, option B contradicts the characteristics of an open economy. The other options, high economic growth, high technological progress, and rapid spread of ideas, are expected outcomes of an open economy.

According to the Text, an Open Economy Is Likely to Have