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Gauri singh bhadauriya

· started a discussion

· 1 Months ago

answer wrong leg raha hai

Question:

When there is effect on economic activity of an specific country due to import, then such economy is called—

Options:
A)

Closed economy 

B)

Open economy

C)

Agricultural economy 

D)

Industrial economy

Solution:

When there is change in economy due to import and export, then such economy is called Open economy. India enacted Open economy in 1991.

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