noun
open economy
An economy that engages in free trade and capital flows with other countries. Often contrasted with 封鎖経済 (closed economy).
Antonyms: 封鎖経済
開放経済では、貿易が重要な役割を果たす。
In an open economy, trade plays an important role.
Antonym: a closed economy with restricted trade and capital movement.
Compound of 開放 (opening, liberalization) and 経済 (economy).