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Explain liberalisation of foreign trade ?

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Explain liberalisation of foreign trade ?

Posted by Abc Xyz 5 years, 4 months ago

CBSE > Class 10 > Social Science

1 answers

Yogita Ingle 5 years, 4 months ago

Removing barriers or restrictions set by the government is known as liberalisation.
With the liberalisation of trade, businesses are allowed to make decisions freely about what they wish to import or export.
The government imposes lesser restrictions than before and is therefore, said to be more liberal.

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