Social Sciences, asked by shersingh95407p4ztq6, 1 year ago

how has liberalisation of trade and investment policies helped the globalisation processes

Answers

Answered by vivek446
7
I think the taxes which traders are collect they give this to king and this process called globalisation
Answered by Arcel
27

Heya

Here is your answer

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 Since 1991, the government of India began to follow a liberal policy towards foreign  trade and investments. Foreign companies were able to set-up their factories and  offices in other countries.

Businessmen were allowed to make decisions freely about what they wanted to  produce, import or export.

 The government of India established many special ECONOMIC ZONES where all sorts of  facilities were made available to foreign companies and relaxation in taxes for an initial  period of five years was given. 4. Foreign companies were allowed flexibility in labor  costs.  


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