An economy that trades with the rest of the world is a(n):

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An open economy is one that engages in international trade and has signed agreements with other countries to facilitate the flow of goods, services, and capital. It is contrasted with a closed economy, which does not allow international trade, and an autarky, which is a self-sufficient economy that does not trade with the rest of the world. A command economy is one in which the government has total control over the means of production and distribution. A trade economy is not a commonly used term in economics.

An Economy That Trades with the Rest of the World