Question

Removing barriers on foreign trade and foreign investment by the government is known as:

A. Excise duty
B. Globalization
C. Liberalization
D. Fair trade practice​

Answer 1

Answer:

Liberalization...............

Answer 2

C. Liberalization

•Economic liberalization refers to those government policies which promote economic growth by opening up trade to international markets, extending the use of markets and lessening the restrictions and regulations placed on business.

•Economic liberalization does not always come without its drawbacks. Domestic companies may face difficulties in competing with foreign companies once the international trade barriers are removed.

Hope it's helps ^_^