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How can trade Liberalisation mean eliminating barriers?

Trade liberalisation is the removal of trade restrictions for example tariffs, quotas and non-trade barriers is unsynchronized free trade also liberalisation enhance development and is a significant aspect of the Washington Consensus Comparative benefit points to the potential gains through specialisation and trade. Nevertheless Terms of trade and exchange rates find out which country gains most.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M9580427

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