An Open Economy Is an Economy That Has

question 134

Multiple Choice

An open economy is an economy that has

• A)interactions in trade or finance with other economies.
• 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.

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Definitions:

International Loans

Loans that are made across national borders, often involving different currencies and international financial institutions.

Living Standard

The quality and quantity of goods and services available to individuals or societies, including health, comfort, and leisure time activities.

Self-Supporting

Having the ability to provide for oneself without relying on external assistance.

Foreign Aid

Financial or in-kind assistance given by one country to another, often for humanitarian, development, or diplomatic reasons.