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    Question

    Which one of the following is NOT a feature of an Open

    Economy?
    A Freedom to foreign investment Correct Answer Incorrect Answer
    B Delicensing of Industries Correct Answer Incorrect Answer
    C Restrictions on Large-scale industries Correct Answer Incorrect Answer
    D Freedom to import technology Correct Answer Incorrect Answer

    Solution

    Restrictions on Large-scale industries is not a feature of an Open Economy. An open economy is one that participates in international trade. In an open economy, trades involve both the export and import of products and services in addition to conducting business within their own nation.

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