merits of liberalisations
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Advantages of Trade Liberalisation
- Lower prices. The removal of tariff barriers can lead to lower prices for consumers.
- Increased competition. Trade liberalisation means firms will face greater competition from abroad.
- Economies of scale.
- Inward investment.
- More advantages of free trade.
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Answered by
4
Advantages of Trade Liberalisation
- Lower prices. The removal of tariff barriers can lead to lower prices for consumers.
- Increased competition. Trade liberalisation means firms will face greater competition from abroad. ...
- Economies of scale. ...
- Inward investment.
- More advantages of free trade.
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