Question

The process of removing barriers on foreign trade and investment by the government is known as ______.

विकल्प

• Import Tax

• Export Tax

• Liberalisation

• Industrialisation

Answer 1

The process of removing barriers on foreign trade and investment by the government is known as liberalisation.

Explanation:

Liberalisation involves the removal or reduction of restrictions imposed by a country’s government on various economic activities such as foreign commerce and investment.