34894
AssignmentMultiple Choice

1.4 Economic Systems

Question 34894 • (Galli)WCA 2221 Civics/Economics 1st nine weeks 26-27

In which type of market would you find it the most difficult to buy goods from another country?

Answer
A
pure market economy
B
closed economy
C
traditional economy
D
mixed market economy

Explanation

A closed economy limits or avoids trade with other countries, so importing goods is especially difficult. A pure market or mixed market economy can participate in international trade, while a traditional economy is organized around customs but is not defined by restricting foreign trade.

AI-written and checked against the verified answer.

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