Closed Economy

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Dictionary Says

Definition of 'Closed Economy'

An economy in which no activity is conducted with outside economies. A closed economy is self-sufficient, meaning that no imports are brought in and no exports are sent out. The goal is to provide consumers with everything that they need from within the economy's borders.

A closed economy is the opposite of an open economy, in which a country will conduct trade with outside regions.
Investopedia Says

Investopedia explains 'Closed Economy'

Closed economies are more likely to be less developed if they lack internal sources of some raw materials, such as oil, gas and coal.

Due to the prevalence of international trade, truly closed economies are rare. Even governments that seek to limit the political or cultural influences of the outside world are likely to trade with other economies on some scale. 
Search results for

'Closed Economy'

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    http://www.investopedia.com/articles/03/073003.asp
    ... What an EME Looks Like EMEs are characterized as transitional, meaning they are
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  • Higher Education - Bubble, Closed Society Or Free Market? ...

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    ... Higher Education - Bubble, Closed Society Or Free Market? ... and its impact on savings,
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  • Kim Jong Il's Death And The Markets - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1211/Kim-Jong-Ils-Death-And-The-Markets.aspx
    ... (For more on the effects that political change can have on a formerly closed economy,
    read 5 Economic Effects Of Country Liberalization.) The Bottom Line Scary ...

  • On what days are the American stock exchanges closed?

    http://www.investopedia.com/ask/answers/06/stockexchangeclosed.asp
    ... countries have the same holidays and foreign stocks may continue to trade on days
    that the US markets are closed and vice ... Problems Loom For The Chinese Economy. ...

  • Can I trade a currency when its main market is closed?

    http://www.investopedia.com/ask/answers/06/tradingclosedmarket.asp
    ... For example, the North American markets are open when the Japanese markets are closed,
    but North American traders are ... Problems Loom For The Chinese Economy. ...

  • 20 Investments: Closed-End Investment Fund | Investopedia

    http://www.investopedia.com/university/20_investments/3.asp
    20 Investments: Closed-End Investment Fund. ... asset value. Closed-end funds
    are usually specialized in their investment focus. For ...

  • Why do some closed-end mutual funds trade above or below their net ...

    http://www.investopedia.com/ask/answers/145.asp
    ... number of outstanding shares) should be identical to its market price, but often,
    the market price of a closed-end mutual ... Problems Loom For The Chinese Economy. ...

  • Open Your Eyes To Closed-End Funds

    http://www.investopedia.com/articles/mutualfund/05/IntroToClosed.asp
    Open Your Eyes To Closed-End Funds. ... vs. Closed-End Open-end fund shares
    are bought and sold directly from the mutual fund company. ...

  • An Introduction To Closed-End Mutual Funds

    http://www.investopedia.com/articles/mutualfund/07/closed_end_funds.asp
    An Introduction To Closed-End Mutual Funds. June 04 ... securities. There are
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  • I placed a limit order to buy a stock after the market closed, but ...

    http://www.investopedia.com/ask/answers/05/buystoplimit.asp
    ... I placed a limit order to buy a stock after the market closed, but the stock's price
    gapped above the entry price and my order never got filled. ...

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