Question

Advantages of liberalisation and disadvantages

Answer 1

Answer:

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Explanation:

Advantages of Liberalisation :-

1. Increase in foreign investment.

2. Increase in efficiency of domestic firms.

3. Rise in the rate of economic growth.

4. Control of price.

Disadvantages of Liberalisation :-

1. Increase in unemployment.

2. Loss to domestic unit.

3. Increased dependence on foreign nation.

4. Unbalanced development of sectors

Answer 2

Answer:

Advantage

i)increase in foreign investment.

ii)Control of price.

Disadvantages

i)Loss of domestic unit.

ii)Increase in unemployment.

Explanation:

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