5
lesson pretestMultiple Choice

Pretest

Question 5 • Economics

What restriction would the government impose in a closed economy?

Answer
A
The government would prevent private ownership of property.
B
The government would preserve traditional customs only.
C
The government would prohibit trade with other nations.
D
The government would set the prices for imported goods.

Explanation

A closed economy does not engage in trade with other nations. Therefore, the government would prohibit international trade, which is choice B. A closed economy does not necessarily eliminate private property or preserve only traditional customs.

AI-written and checked against the verified answer.

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