An open economy is an economy that has
A)interactions in trade or finance with other countries.
B)its own stock market.
C)governmental regulations regarding public information that is included in corporate finance reports.
D)governmental regulations regarding the number of hours retail establishments must remain open on a daily basis.
E)imposes no tariffs on international trade.

Question

Quizplus · Accepted Answer

An open economy is one that engages in trade or financial interactions with other economies. This means that it is not isolated from the global market and it can have imports and exports with other countries.

An Open Economy Is an Economy That Has