! To be defined as "small" an open economy needs to:a.Be small in terms of population sizeb.Be small in terms of geographical sizec. Be small in terms of political influenced.Be small in terms of absolute size of the NIIPe.None of the above

An economy is said to be an open economy when citizens of the economy are allowed to make…

To be defined as "small" an open economy needs to: a. Be small in terms of population size b. Be small in terms of geographical size Be small in terms of political influence d. Be small in terms of absolute size of the NIIP e. None of the above

To be defined as "small" an open economy needs to: a. Be small in terms of population size b. Be small in terms of geographical size Be small in terms of political influence d. Be small in terms of absolute size of the NIIP e. None of the above

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter18: Globalization

Section: Chapter Questions

Problem 9E

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Question

To be defined as "small" an open economy needs to:
a.
Be small in terms of population size
b.
Be small in terms of geographical size
c. Be small in terms of political influence
d.
Be small in terms of absolute size of the NIIP
e.
None of the above

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