Economy, asked by jeel1937patel, 11 hours ago

what is Economic Liberalization ? Mention its advantages and disadvatages?​

Answers

Answered by bhavyasethi124
1

Answer:

Trade liberalization removes or reduces barriers to trade among countries, such as tariffs and quotas. Having fewer barriers to trade reduces the cost of goods sold in importing countries. Trade liberalization can benefit stronger economies but put weaker ones at a greater disadvantage.

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