Created: 1 year ago | Updated: 8 months ago | Created By:
Maliha Mou
Maliha Mou
a country having no imports and exports
Topic: India
Closed economy is an economy in which no activity is conducted with outside economies. A closed economy is self-sufficient, meaning that no imports are brought in and no exports are sent out. The goal is to provide consumers with everything that they need from within the economy's borders.

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