liberalization, the loosening of government controls. Although sometimes associated with the relaxation of laws relating to social matters such as abortion and divorce, liberalization is most often used as an economic term. In particular, it refers to reductions in restrictions on international trade and capital.
Liberalisation is the process of relaxation of trade rules and regulations of a country by the government which paves the way for economic growth and development.
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liberalization, the loosening of government controls. Although sometimes associated with the relaxation of laws relating to social matters such as abortion and divorce, liberalization is most often used as an economic term. In particular, it refers to reductions in restrictions on international trade and capital.
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Liberalisation is the process of relaxation of trade rules and regulations of a country by the government which paves the way for economic growth and development.