Removing barriers set by the government is known as:
ALocalisation
BLegislation
CLiberalisation
DLegalisation
Answer & Solution
Correct answer: C. Liberalisation
1. Businesses may then decide freely what to trade.
2. The government imposes far fewer restrictions.
3. The process is liberalisation.
_Source: syllabus Social Science, 'Understanding Economic Development', Ch 4 'Globalisation and the Indian Economy'_
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