Question

what restriction would the government impose in a closed economy?
the government would prohibit trade with other nations.
the government would set the prices for imported goods.
the government would preserve traditional customs only.
the government would prevent private ownership of property.

Explanation:

A closed economy is defined as one that does not engage in international trade of goods, services, or capital. This means the government restricts or bans trade with other nations. The other options are incorrect: setting prices for imported goods is irrelevant (there are no imports in a closed economy), preserving only traditional customs is not a defining feature, and preventing private property is characteristic of a command economy, not a closed economy.

Answer:

A. The government would prohibit trade with other nations.