How can trade liberalisation mean eliminating barriers, Business Economics

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How can trade Liberalisation mean eliminating barriers?

Trade liberalisation is the removal of trade restrictions for example tariffs, quotas and non-trade barriers is unsynchronized free trade also liberalisation enhance development and is a significant aspect of the Washington Consensus Comparative benefit points to the potential gains through specialisation and trade. Nevertheless Terms of trade and exchange rates find out which country gains most.


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