InvestorWords.com

An economy that does not interact with the economy of any other country. A closed economy prohibits imports and exports, and prohibits any other country from participating in their stock market. There have been many examples of closed economies throughout history, but very few closed economies exist today. also called autarky.

• SEP and SIMPLE Plans
• Common and Preferred Stock
• "Buy Condor" Stock Option Investment Strategy
• Tips on Retirement Planning
• Stocks and Your Portfolio
• Mutual Funds v. 401(k) for Retirement

Featured Advertiser