Question

What is Liberalisation ? Write impacts ?​

Answer 1

Answer:

Explanation:

REMOVING barriers or restrictions set by the government is known as liberalisation. Liberalisation of foreign trade raises volume of trade. It will attract foreign investments which industry will prosper. Surplus production of each country will be exported and required cheaper goods will be imported.

Answer 2

Answer:

Liberalisation is a method in which a state raises limitations on some private individual ventures. Liberalisation befalls when something which was forbidden is no longer forbidden or when government laws are loosened.

Explanation:

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