Question

Evaluate the impact of liberalization measure adopted by the government on the foreign trade sector in india.

Answer 1

Heya....

Liberalisation is the process of withdrawal of all the restrictions from the private sector and being them free as market forces....

"" Their impact on foreign trade sector...

*** It increase the private sector to induce the investment in their business...

** It also permitted to foreigners to set up their industries in our country...

** It enhances the export and imports of products...

** It raise the methods of exchange of technologies from the outer world..

-- Be Brainly....

Answer 2

These barriers included tax laws, foreign investment restrictions, accounting regulations, and legal issues. The economic liberalisation reduced all these obstacles and waived a few restrictions over the control of the economy to the private sector. You Might Also Like To Read: Meaning of Privatisation.