Answer:
Through
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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