Question

What did liberisation stands for...?​

Answer 1

The term "liberalization" is most often used in discussing economic liberalization, which refers to the reduction of state involvement in the economy, but it can be used in other contexts as well.

Answer 2

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✽Liberalisation means the opening of the country for foreign investments and capitals. Trade barriers are often used by countries to protect the domestic industries from the products of foreign land. usually countries resort to impose Licenses, Import quotas or Voluntary export restraints to protect local markets.

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