Accountancy, asked by damu19, 10 months ago

Explain the Concept of Liberalisation, Privatisation, Globalisation

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Answered by deepugupta121003

Answer:Liberalization Liberalization refers to relaxation of government restrictions in areas of economic policies. Thus, when government liberalizes trade it means it has removed the tariff, subsidies and other restrictions on the flow of goods and service between countries.

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