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փակ տնտեսություն
An economy that does not take part in inter¬national trade; the opposite of an open economy. At the turn of the century about the only notable example left of a closed economy is North Korea (see autarky).
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Economy
- Category: Economics
- Company: The Economist
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