How does liberalisation of the economy led to economic growth?
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Explanation:
Liberalisation means literate people and if people are literate then it is easy to communicate with businessman in commercialisation.
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Trade liberalization increases capital inflows and this takes several forms like FDI which is an important source of capital inflow which fulfils the investment gap in the economy. Capital inflow increases investment level in the economy which leads towards more production, more output and increases market size.
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