linlin

Yes I am..

I have searched everywhere and found the only disadvantage to be inequality between the poor and the rich. are there any other cons of open economies?

Thanks alot :)

I'm a student in grad school studying economics for the first time.. I'm writing an essay based on open and closed economies. other than North Korea what other countries are good examples of closed economies? Similarly, which countries would be good examples for open economies?

thank you :)

How are open and closed economies related to globalization?