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Q: Is open end economy better than closed economy?
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Is the dot open or closed if it is less than?

The dot is open, if it is less than or equal to than the dot is closed


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Those countries that are more have better resources and an open economy.


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Generally, closed-end credit has a better interest rate than that of open-ended credit because closed-end credit is less risky insomuch as there is a limit on how much credit may be utilized (whereas there is no limit for open-ended credit). Because lenders look at the risk-reward aspects of the product portfolio, a lower-risk product warrants a lower interest rate than one having higher risk.


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