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dafrk3in · 2007 January 22nd, 01:03 AM

What is an open economy?

bscout · 2007 January 22nd, 01:11 AM

In theoretical terms it is one in which the GDP has export and imports as its components; that is to say, it is an economy in which there are economical transactions with other countries.

snappythecrab · 2007 January 22nd, 02:25 AM

An economy is open if every point of the economy is in the interior of the economy.

jahizbarlas · 2007 January 22nd, 02:30 AM

Quote:

Originally Posted by snappythecrab

An economy is open if every point of the economy is in the interior of the economy.

aahhh, real analysis, you crazy thing you!

freak · 2007 January 22nd, 03:16 AM

so an economy becomes a closed one when and only when it contains all its boundary pts: imports and exports.

butler blue · 2007 January 22nd, 03:44 AM

I don't know whether I should be happy or sad that I understand this...

user_name · 2007 January 22nd, 04:12 AM

Quote:

Originally Posted by snappythecrab

An economy is open if every point of the economy is in the interior of the economy.

Funniest sentence I've read today.

Skipper · 2007 January 22nd, 05:53 AM

It doesn't get any better than analysis jokes.

Zoethor2 · 2007 January 22nd, 06:26 AM

It really doesn't.

bscout · 2007 January 22nd, 09:12 AM

Quote:

Originally Posted by user_name

Funniest sentence I've read today.

+1 here.

2007 January 22nd, 01:03 AM	#1 (permalink)
dafrk3in Within my grasp! Join Date: Apr 2006 Posts: 310	What is an open economy? What is an open economy?

2007 January 22nd, 02:25 AM	#3 (permalink)
snappythecrab TestMagic Guru-in-Training Join Date: Feb 2005 Posts: 690	An economy is open if every point of the economy is in the interior of the economy. _ _ _ _ SIG _ _ _ _ University of Wisconsin - Madison: Took my Masters and ran.

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2007 January 22nd, 01:11 AM	#2 (permalink)
bscout TestMagic Guru Join Date: Apr 2005 Posts: 1,298	In theoretical terms it is one in which the GDP has export and imports as its components; that is to say, it is an economy in which there are economical transactions with other countries.

2007 January 22nd, 03:16 AM	#5 (permalink)
freak Eager! Join Date: Oct 2006 Posts: 47	so an economy becomes a closed one when and only when it contains all its boundary pts: imports and exports.

2007 January 22nd, 03:44 AM	#6 (permalink)
butler blue Within my grasp! Join Date: May 2006 Posts: 440	I don't know whether I should be happy or sad that I understand this...

2007 January 22nd, 05:53 AM	#8 (permalink)
Skipper I'm on my way! Join Date: Sep 2006 Posts: 334	It doesn't get any better than analysis jokes.

2007 January 22nd, 06:26 AM	#9 (permalink)
Zoethor2 Within my grasp! Join Date: Dec 2006 Posts: 155	It really doesn't.

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