What Kind of Country Would Most Likely Have a "Small

question 205

Multiple Choice

What kind of country would most likely have a "small open economy"?

• A) a country that trades with other countries and consistently has a trade surplus
• B) a country that trades with other countries and consistently has a trade deficit
• C) a country that trades with other countries and has a significant effect on world prices
• D) a country that trades with other countries, but has a negligible effect on world prices

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