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Q:

When there is affect on economic activity of an specific country due to import and export, then such economy are called-

  • 1
    Closed economy
  • 2
    Open economy
  • 3
    Agricultural economy
  • 4
    Industrial economy
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Answer : 2. "Open economy "
Explanation :

Explain: -When there is change in economy due to import and export, then such economy is called Open economy. India enacted Open economy in 1991.

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