Phrases with «trade liberalization»

Trade liberalization refers to the process of reducing or removing barriers and restrictions on the international exchange of goods and services between countries. It involves policies and agreements that aim to promote and facilitate more open and free trade, such as reducing tariffs (taxes on imported goods), eliminating quotas (limits on the quantity of goods that can be imported or exported), and minimizing regulatory barriers. The goal of trade liberalization is to boost economic growth, enhance competition, and provide consumers with a wider range of choices at lower prices. Full definition

Sentences with «trade liberalization»

  • To this, Neuwirth suggests a form of trade liberalization more radical than most so - called free traders will be willing to swallow. (canadianbusiness.com)
  • While economists can agree that trade liberalization benefits economies at the macro level, at the micro level there are always those who see welfare gains, and those whose immediate welfare is reduced as a result of the (necessary) changes in the economy brought about by greater overall efficiencies. (asiapacific.ca)
  • Within Canada the term has come to represent a desire to make trade liberalization more inclusive — to convince Canadians that the results will be of overall benefit to Canada. (asiapacific.ca)
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