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  2. Open economy - Wikipedia

    en.wikipedia.org/wiki/Open_economy

    An open economy [1] refers to an economy in which both domestic and international entities participate in the trade of goods and services. This type of economy allows for the exchange of products, including technology transfers and managerial expertise. However, certain services, such as a country's railway operations, may not be easily ...

  3. List of sovereign states by economic freedom - Wikipedia

    en.wikipedia.org/wiki/List_of_sovereign_states...

    This article includes a partial list of countries by economic freedom that shows the top 50 highest ranking countries and regions from two reports on economic freedom. The Economic Freedom of the World Index is a report published by the Fraser Institute in conjunction with the Economic Freedom Network, a Canadian group of independent research ...

  4. Convergence (economics) - Wikipedia

    en.wikipedia.org/wiki/Convergence_(economics)

    In a study of 111 countries between 1970 and 1989, Sachs and Andrew Warner concluded that the industrialized countries had a growth of 2.3% per year per capita, open economy developing countries 4.5% and closed economy developing countries had only 2%. [2]

  5. Trump tariffs threaten to crack open North American economies

    www.aol.com/news/trump-tariffs-threaten-crack...

    MEXICO CITY — President-elect Trump’s pledge to impose tariffs on Mexico and Canada threatens to upend decades of North American integration, a bumpy process that’s recast the two U.S ...

  6. Could a one world currency work?

    www.aol.com/finance/could-one-world-currency...

    Today’s global currency landscape is a complex ecosystem that’s evolved over centuries. The U.S. dollar dominates this ecosystem, serving as the world’s primary reserve currency.

  7. List of countries by trade-to-GDP ratio - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by_trade...

    OECD (Organisation for Economic Cooperation and Development) 29.11%: 29.36%: 58.47%: 0.99: 2023: Notes: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. Exports of goods and services represent the value of all goods and other market services provided to the rest of the ...

  8. List of sovereign states by current account balance - Wikipedia

    en.wikipedia.org/wiki/List_of_sovereign_states...

    World map by current account balance (% of GDP), 2023, according to World Bank [1]. This is the list of countries by current account balance, expressed in current U.S. dollars and as percentage of GDP, based on the data published by World Bank, United Nations Conference on Trade and Development and Organisation for Economic Co-operation and Development.

  9. Here’s what’s open (and closed) on MLK Day 2025 - AOL

    www.aol.com/finance/open-closed-mlk-day-2025...

    Here's a look at what’s open and closed on MLK Day 2025 and a brief history about the holiday. What is MLK Day? Designed to honor Martin Luther King Jr., MLK Day became a federal holiday in 1983.