Resource title

Closed Economy

Resource image

image for OpenScout resource :: Closed Economy

Resource description

A closed economy is a self-contained economic unit that has no business or trading relations with anyone outside of that unit. Usually referring to a nation or area of common currency (but can, in general, refer to any system of self-reliance), the relatively closed system would be characterized by a small amount of exposure to external markets, as opposed to the relatively open economy.

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Resource publisher

Resource publish date

Resource language

en

Resource content type

text/html

Resource resource URL

http://www.referenceforbusiness.com/encyclopedia/Ca-Clo/Closed-Economy.html

Resource license

Copyright © 2011 Advameg, Inc.