What liberalisation of trade and investment did to help the globalisation process?

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It makes foreign trade and investments easier.

It increases the demand.

It helps in labour flexibility policy.

It helps in making globalisation uniform.

answer is A.

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Detailed Solution

Liberalisation of trade and investment did to help the globalisation process as it makes foreign trade and investments easier.
Liberalisation means giving some relaxation and liberty to the investors that the government has set. Liberalisation of trade and investment attracts foreign investors to invest in the country in which the policies are liberal. Some countries impose many barriers on imports and foreign investments to save domestic production. However, this blocks the improvement in the quality of goods. There will be no competition in such cases, so the company would never think to improve the quality of their products. It helps the globalisation process by making the forging of trades and investments easier, and businesses will have the power to make their own decisions on export and import.

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