Question

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How liberalisation helped globalization?​

Answer 1

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In all countries, external transactions have been a key component of liberalization strategies. This is because liberalization of international trade, investment and capital movements can improve allocative efficiency and can bring about greater dynamism in an economy, thus providing faster economic growth.

Answer 2

Answer:

Trade liberalization and globalization. Trade liberalization is the reverse process of protectionism.

After previous protectionist decisions, trade liberalization occurs when governments decide to move back toward free trade. ... The outcome of these liberalizing and integrating processes is known as globalization.

Explanation:

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