Question

Explain Liberalization reforms in foreign exchange rates.​

Answer 1

Answer:

To encourage foreign trade with other countries with regulated imports and exports. Enhancement of foreign capital and technology. To expand global market frontiers of the country. To diminish the debt burden of the country.

Answer 2

$\sf\red{Answer:-}$

• To encourage foreign trade with other countries with regulated imports and exports.
• Enhancement of foreign capital and technology.
• To expand global market frontiers of the country.
• To diminish the debt burden of the country.