What restriction would the government impose in a closed economy? the government would prohibit trade with other nations. the government would set the prices for imported goods. the government would preserve traditional customs only. the government would prevent private ownership of property.

A closed economy is the one that lacks trade activity with other economies, so no imports or exports enter or leave the country, respectively. It's aim is to provide all the necessary goods to its citizens without depending on imports, being self-sufficient.

Therefore, in a closed economy, the government would prohibit trade with other nations.

What restriction would the government impose in a closed economy?

The government would prohibit trade with other nations. (answer)

The government would set the prices for imported goods.

The government would preserve traditional customs only.

The government would prevent private ownership of property.

what are you