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What Restriction Would The Government Impose In A Closed Economy?
What Restriction Would The Government Impose In A Closed Economy?
A. The government would prohibit trade with other nations.
B. The government would set the prices for imported goods.
C. The government would preserve traditional customs only.
D. The government would prevent private ownership of property.
Answer: A : The government would prohibit trade with other nations.
Brief Explanation:
An economy is where businesses and individuals' production and consumption activities are interrelated. This domain also determines how resources ar... More