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Stage 1 will tend to be more powerful than in a closed economy.
It is a closed economy with no exports or imports.
A closed economy gave this town an exclusive protection for several decades.
This contrasts with a closed economy in which international trade and finance cannot take place.
We live in a closed economy, an economy of limits.
Closed economy countries can increase its wealth only by accumulating new capital.
The fact is that Japan remains a very closed economy, and we're getting nowhere."
Moreover, Chinese immigrants like my parents know all too well the consequences of living in an isolated society and closed economy.
There is no closed economy in today's world.
It is true only for a closed economy.
It is called a self sufficient economy or a closed economy too.
The number of jobs is infinite, as long as you are operating within a closed economy.
Consider a simple closed economy with no government.
Most versions of Avatar operate around a closed economy.
Avatars closed economy system affects game dynamics over time.
Deprived of its lifelines from the home world, the Moon was full: a stagnant, closed economy.
Czechoslovakia still insists on an inflated hard currency exchange rate which reflects its closed economy.
He envisioned an island (a closed economy) populated by individuals who only consume coconuts.
The plan assumed a closed economy in which the main trading activity would be centered on importing capital goods.
"India is also a very closed economy."
According to this, in a closed economy with full employment, the resources used for government expenditure must be drawn from other current uses of resources.
For years, in fact, Mexico's closed economy and high tariffs assured vineyards here healthy profits from a captive market.
In a simple model of a closed economy, anything that is not spent is assumed to be invested:
The Keynes stimulation of the market worked well in the closed economy in 1930s-40s.
The closed economy, produced for only Turkey's need, was subsidized for a vigorous export drive.