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Answer : 2. "Open economy "
When there is affect on economic activity of an specific country due to import and export, then such economy are called-
5Q:
When there is affect on economic activity of an specific country due to import and export, then such economy are called-
- 1Closed economyfalse
- 2Open economytrue
- 3Agricultural economyfalse
- 4Industrial economyfalse
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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.