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Class 10 > In India the government did not impose trade liberalisation...
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In India the government did not impose trade liberalisation whereas America does. What is the meaning of trade liberalisation?

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Trade liberalization is the removal or reduction of restrictions or barriers on the free exchange of goods between nations. This includes the removal or reduction of tariff obstacles, such as duties and surcharges, and non tariff obstacles, such as licensing rules, quotas and other requirements.
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Trade liberalisation involves removing barriers to trade between different countries and encouraging free trade. Trade liberalisation involves: Reducing tariffs Reducing / eliminating quotas Reducing non-tariff barriers.
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i am simple person,preparing for civil service and i like to teach student upto 10th class.

Trade liberalization means reduction of tariff obstacle such as duties and surcharge and non tariff obstacle such as quotas and licencing rules.,by trade liberalization it becomes easier for other country to invest in India.After 1990 government of India taken many steps to reduce the tariff and non...
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Trade liberalization means reduction of tariff obstacle such as duties and surcharge and non tariff obstacle such as quotas and licencing rules.,by trade liberalization it becomes easier for other country to invest in India.After 1990 government of India taken many steps to reduce the tariff and non tariff barrier.Now only a few sector in India reserved and all other are open to private sectors and investors of other country to invest in India. read less
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Tutor

Trade liberalization is the removal or reduction of restrictions or barriers on the free exchange of goods between nations. This includes the removal or reduction of tariff obstacles, such as duties and surcharges, and nontariff obstacles, such as licensing rules, quotas and other requirements. The easing...
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Trade liberalization is the removal or reduction of restrictions or barriers on the free exchange of goods between nations. This includes the removal or reduction of tariff obstacles, such as duties and surcharges, and nontariff obstacles, such as licensing rules, quotas and other requirements. The easing or eradication of these restrictions is often referred to as promoting "free trade." read less
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It is simply said that removing of barriers on the free exchange of goods between two nations. It includes various terms such as licensing rules duties and surcharges etc.
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Tutor

Trade liberalization is the removal or reduction of restrictions or barriers on the free exchange of goods between nations. This includes the removal or reduction of tariff obstacles, such as duties and surcharges, and nontariff obstacles, such as licensing rules, quotas and other requirements.
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Mohit Tuitions

free trade without much govt interference
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Clinical Research,Microbiology,Biotechnology,Biology

Trade Liberisation is also called as Free trade.It is removal or reduction of restrictions or barriers on the free exchange of goods between nations.
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Math Magician

Trade liberalization is the removal or reduction of restrictions or barriers on the free exchange of goods between nations. This includes the removal or reduction of tariff obstacles, such as duties and surcharges, and nontariff obstacles, such as licensing rules, quotas and other requirements.
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