what is the policy of liberalisation and how it affects the trade
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Answered by
1
liberalisation is the process of removing trade barriers.
This helps in improving international trade.
it helps in the growth of multi national companies
it also increases gdp
it brings in advanced technology and improves quality of goods.
Answered by
0
IN SIMPLE WORDS WE CAN SAY LIBERALISM MEANS IN ECONOMICS TO BREAK THE TRADE BARRIERS BETWEEN COUNTRIES AND TO TRADE INTERNATIONALLY PROMOTING GLOBALISATION.
NOW IT AFFECTS THE TRADE AS IT INCREASES COMPETITION AND QUALITY OF THE PRODUCTS WITH VARIETY.
THANKS FOR YOUR TIME
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