What is liberalisation and globalization of markets?
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Trade liberalization is the reverse process of protectionism. After previous protectionist decisions, trade liberalization occurs when governments decide to move back toward free trade. ... The outcome of these liberalizing and integrating processes is known as globalization.
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Trade liberalization is the reverse process of protectionism. After previous protectionist decisions, trade liberalization occurs when governments decide to move back toward free trade. The outcome of these liberalizing and integrating processes is known as globalization
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