Answer:
Liberalisation
barriers on foreign trade and foreign investment have been removed to a great
extent. This has helped in the import and export of goods. This means that
goods can be exported and imported easily and also foreign companies could set
up factories and offices here. Larger foreign investment and larger foreign
trade have led to greater integration of production and markets across
countries. As a result, more and more companies are coming closer to each
other, due to MNCs. Thus, liberalisation of trade and investment policies has
helped the globalisation process.
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