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Class 10
Social Science - Understanding Economic Development
Globalisation and the Indian Economy
how has liberalisation of trade and investment pol...

Question:
How has liberalisation of trade and investment policies helped the globalisation process?

Answer:

The liberalization of trade and investment policies helped the globalization
process in the following ways:

- It has helped in the removal of trade barriers.

- It has made foreign trade barriers.

- It led to the increase in imports and exports across the nations thereby contributing to the process of globalization.

- It has allowed the developed countries to establish their industries and offices in thedeveloping countries to establish their industries and offices in the developing countries which in turn is helping in the spread of globalizations.

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Question:
How has liberalisation of trade and investment policies helped the globalisation process?

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Question:
How has liberalisation of trade and investment policies helped the globalisation process?