The impact of imports and exports on the US open economy is quite significant. This is what shapes the economic status and is used as the measure of the productivity level of the nation.
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∙ 9y agoLarge open economy.
The supply of loanable funds slopes upwards in an open economy because there are more funds available. An open economy allows for more money to be put into the economy.
1) Americans believed that U.S exports were vital to the growth of the U.S economy. 2) The U.s believed that they had the right to intervene abroad to keep foreign markets open. 3) The U.S felt that their survival would be threatened if an area was closed to American products, citizens or ideas.
By open economy it means that economy in which private people are allowed to participate in making economic decisions while,by closed economy it means the economy in which the government is the one planning for the whole society
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They have increased imports and exports They have created more open-trade policies. They are encouraging foreign trade and investment.
Large open economy.
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1) Americans believed that U.S exports were vital to the growth of the U.S economy. 2) The U.s believed that they had the right to intervene abroad to keep foreign markets open. 3) The U.S felt that their survival would be threatened if an area was closed to American products, citizens or ideas.
Key American beliefs were reflected in the Open Door policy. They included: 1. Exports were vital for the growth of the American economy. 2. The United States believed they had the right to intervene to keep foreign markets open. 3. They believed that the survival of America was threatened if places were closed to American products, citizens and ideals.
1. Growth of the U.S. economy depended on exports.2. The U.S. had the right to intervene abraod to keep foreign markets open.3. The closing of an area to American products, citizens or ideas threatened U.S. survival.from historyissofunnn.blogspot.com