Economists measure the "openness" of an economy in terms of
A) its immigration policies.
B) how often it holds free elections.
C) the percentage of foreign-born workers in its labour force.
D) how much it trades with other economies.

Question

Quizplus · Accepted Answer

The measure of openness of an economy is based on how much it trades with other economies. The more a country engages in international trade, the more open their economy is considered to be.

Economists Measure the "Openness" of an Economy in Terms of