Explain Liberalization

Clarify the term Liberalization?

E

Expert

Verified

The Liberalization is simply explained as given below:

a. Freedom in deciding the scale of business

b. Abolishing licensing requirements

c. Removals of restriction on movements of goods and service

d. Reduction in tax rates

e. Freedom in fixing prices

f. Simplifying procedures

g. Manufacture is easier to attract foreign investment.

   Related Questions in Business Management

2015 ©TutorsGlobe All rights reserved. TutorsGlobe Rated 4.8/5 based on 34139 reviews.