MCQOPTIONS
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| 1. |
A closed economy is one in which: |
| A. | Imports exactly equal exports, so that trade is balanced. |
| B. | Domestic firms invest in industries overseas. |
| C. | The home economy is isolated from foreign trade |
| D. | Saving exactly equals investment at full employment. |
| Answer» D. Saving exactly equals investment at full employment. | |