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Question

Removing barriers or restriction set by the government is called

A
Favourable trade
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B
Free trade
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C
Investment
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D
Liberalization
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Solution

The correct option is D Liberalization
Removing barriers or restrictions set by the government is what is known as liberalisation. With liberalisation of trade, businesses are allowed to make decisions freely about what they wish to import or export. The government imposes much less restrictions than before and is therefore said to be more liberal.

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