CameraIcon

SearchIcon

MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

The Standard Model

what is the m...

Question

what is the meaning of liberalisation of foreign trade? what does it mean in indiancontext?

Open in App

Solution

Liberalization of international trade comprises of two components:

removal of trade barriers

free flow of capital

Suggest Corrections

thumbs-up

0

Similar questions

Q. Assertion (A): During liberalisation, exports of textiles, home furnishings, and leather products to foreign markets increased significantly.

Reason (R): During liberalisation, the government gradually removed the restrictions on foreign trade and welcomed private investments.

Q. Which of these organisations emphasises the liberalisation of foreign investment and trade?

Q. In spoken English, use of foreign phrases is increasing day by day. What does the phrase 'au revoir' mean?

Q. Liberalisation means __________.

Q. Liberalisation means:

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

A Blueprint for Growth

ECONOMICS

Watch in App

explore_more_icon

Explore more

The Standard Model

Standard XII Economics

Join BYJU'S Learning Program

CrossIcon