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How has liberalisation of trade and investment policies helped the globalisation process?
Liberalization of trade and investment policies helps in the globalization process in the following ways, which are as follows :
(i) Liberalization gives opportunities to the industries to expand according to the market. This helps globalization.
(ii) Liberalization of investment helps in setting up new businesses, which is a part of globalization.
(iii) Liberalization of trade means removal of unnecessary trade restrictions due to which import-export between countries has become easier. Globalization has been born out of this process.
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