trade liberalization
Trade liberalization refers to the process of reducing barriers and restrictions on international trade, such as tariffs, quotas, and regulations, with the aim of fostering increased flow of goods and services between countries, promoting economic growth and development.
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Related Concepts (4)
Similar Concepts
- capital account liberalization
- economic globalization
- economic liberalism
- economic liberalization
- free trade
- free trade agreements
- free trade vs. protectionism
- international trade agreements
- trade agreements
- trade barriers
- trade negotiations
- trade policy
- trade restrictions
- trade sanctions
- trade wars