what restriction would the government impose in a closed economy? the government would prohibit trade with…

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.

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.

Answer

Brief Explanations:

A closed - economy is one that has no trade with other countries. So the government prohibits trade with other nations. Setting prices for imported goods is relevant in an open - economy, preserving traditional customs is not related to the concept of a closed - economy, and preventing private property ownership is more related to economic systems like socialism/communism rather than a closed - economy.

Answer:

The government would prohibit trade with other nations.