Question

Discuss the positive and negative impact of liberalisation in india

Answer 1

Answer:

Attempts at liberalization in trade could lead to an increase in imports in the short run and this could cause both trade and current account deficits in countries that adopt rapid liberalization. Liberalization could increase growth rates in the short run and this also could result into higher imports than exports.

Answer 2

The positive and negative impact of liberalisation in india.