Question

1. which of the following could expand the circular flow model in the real world? financial markets international trade government isolation

Explanation:

The circular - flow model in economics can be expanded by including financial markets (where savings are channeled to investment), international trade (flows of goods, services, and capital across borders), and government (taxes, spending, and regulations). Isolation limits the model as it cuts off external interactions.

Answer:

A. Financial markets
B. International trade
C. Government