To be defined as "small" an open economy needs to: a. Be small in terms of population size O b. Be small in terms of geographical size O c. Be small in terms of political influence d. Be small in terms of absolute size of the NIIP None of the above
To be defined as "small" an open economy needs to: a. Be small in terms of population size O b. Be small in terms of geographical size O c. Be small in terms of political influence d. Be small in terms of absolute size of the NIIP None of the above
Chapter1: Making Economics Decisions
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![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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3fd47b35-92a6-46f9-9edc-0f0f2202ded0%2Fc24b80cb-eb68-4e0a-880c-c80342cafe8d%2F3j6b5ln_processed.jpeg&w=3840&q=75)
Transcribed Image Text: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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