An Economy That Does Not Have Interactions in Trade or Finance

question 192

Multiple Choice

An economy that does not have interactions in trade or finance with other economies is referred to as

• A)an open economy.
• B)a closed economy.
• C)a trade-balanced economy.
• D)a net foreign investment economy.
• E)a mixed economy.

---

Definitions:

Stockholders

Individuals or entities that own shares in a corporation, giving them a stake in the company's assets and profits.

High-Paid

Describes individuals or positions that receive a salary significantly above the average wage.

Social Causes

Underlying societal factors that lead to specific outcomes, including behaviors, phenomena, or health issues.

Exposure

It refers to the state of being subjected to something, such as an environmental condition or influence.