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    Principles of Macroeconomics Study Set 5
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    Exam 15: Exchange Rates and the Open Economy
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    A Country That Does Not Trade with Other Countries Is
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A Country That Does Not Trade with Other Countries Is

Question 18

Question 18

Multiple Choice

A country that does not trade with other countries is called a(n) _________ economy.


A) structural
B) nominal
C) centrally planned
D) open
E) closed

Correct Answer:

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