Question

what is one example of a closed economy?
o a barter system that does not rely on money or other currency
o a restricted system that blocks trade with international partners
o a trade - based system that encourages the flow of goods and services
o an old - fashioned system that preserves traditional choices and customs

Explanation:

A closed - economy is one that has no trade with the outside world, i.e., it blocks trade with international partners. A barter system is about the medium of exchange, a trade - based system with flow of goods and services is more like an open economy, and an old - fashioned system about traditions is not related to the concept of a closed economy.

Answer:

B. a restricted system that blocks trade with international partners