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Home > QFINANCE Dictionary > Definition of closed economy

Definition of

closed economy


economic system isolated from international trade an economic system in which little or no external trade takes place

Definitions of ’closed economy’ and meaning of ’closed economy’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’closed economy’ and other financial terms with our online QFINANCE Financial Dictionary.

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