answersLogoWhite

0


Best Answer

Liberalisation of trade and investment policies has helped the globalisation process by making foreign trade and investment easier. Earlier, several developing countries had placed barriers and restrictions on imports and investments from abroad to protect domestic production. However, to improve the quality of domestic goods, these countries have removed the barriers. Thus, liberalisation has led to a further spread of globalisation because now businesses are allowed to make their own decisions on imports and exports. This has led to a deeper integration of national economies into one conglomerate whole.

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How does liberalisation of trade and investments policies helped the globalisation process?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Liberalisation privatization globalisation?

Liberalisation is to relax regulations on social or economic policies (usually economic). Privatisation is the process of transferring a public sector industry over to the private sector. Globalisation is the unification of the global markets by relaxing protectionist trade policies and integrating markets.


What is the globalisation process of Cadbury?

gibberish


Explain how the telephone helps the process of globalisation?

because it helps us in communication and like this the abilities of mobile phone is great souce of globalisation


How is rolex part of globalisation process?

By advertisements PPLZ HELP FOR MORE


What is the role of MNCs in the process of globalisation?

a fierce competitor in the global business environment.


What role does coca cola play in the globalisation process?

To make teeth fall off and breed pokemon


Who refers to the process of eliminating the more ruthless policies of Stalin?

the process of eliminating stallin's more ruthless policies


What is globalisation and what are its effects?

It was the anti-globalisation movement that really put globalisation on the map. As a word it has existed since the 1960s, but the protests against this allegedly new process, which its opponents condemn as a way of ordering people's lives, brought globalisation out of the financial and academic worlds and into everyday current affairs jargon. But that scarcely brings us nearer to what globalisation means. The phenomenon could be a great deal of different things, or perhaps multiple manifestations of one prevailing trend. It has become a buzzword that some will use to describe everything that is happening in the world today.


In what ways did human resource policies and practices contribute to the firm's strategic management process?

Policies and practices support the firm's strategic management process. The policies and practices ensure that the business is moving towards their financial goals.


What do you mean by Due process policies?

Due process policies are those prescribed procedures expected to be adhered to in transactions especially in public transactions from the opening to the closing of the transaction.


How can somebody use candlestick charts?

Candlestick Charts are used for keeping track of an investments process and viability. For example, they could show the investments movement over a period of time.


What are the major questions concerning capital investments?

Therefore, the major questions concerning such investments are "Should we continue in this business?" and if so, "Should we continue to use the same production process?"