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What is Trade Liberalization
1.
A removal or reduction of restrictions or barriers on the free exchange of goods between nations.
Learn more in: Innovative Approaches to Regulation of Agricultural Production and Trade: Protectionism-Related Effects on Food Security
2.
Process by which world economy is increasing becoming integrated through goods
trade
movements with free or very low
trade
barriers and free flow of foreign capital movements. Indian economy has embraced this
trade liberalization
move right from 1991 and thus on way of crossing 25 years of economic globalization.
Learn more in: Endogenous Growth and R&D Infrastructure: A Dynamic CGE Modelling Approach for India
3.
Also known as free
trade
encourages
trade
across national borders of goods and services, the legal transfer of intellectual property and the unregulated flow of financial capital.
Learn more in: The Economics of Internetization
4.
Removal of barriers or other restrictions to the free movement of goods and commodities between countries.
Learn more in: Soybeans Consumption and Production in China: Sustainability Perspective
5.
A process of reduction or elimination of constraints in the sphere of international
trade
, including reduction or removal of customs tariffs, import quotas, abolishment of multiple exchange rates, and simplification of administrative requirements to import and export operations.
Learn more in: Emerging Trade-Related Threats to Food Security: Evidence From China
6.
Reducing of
trade
barriers like quotas, customs tariffs, etc., to ease
trade
between countries.
Learn more in: USA-China Trade Wars: Back to Protectionism in World Trade
7.
It is the removal of restrictions or barriers on the free exchange of goods between nations.
Learn more in: Implications of the African Continental Free Trade Agreement (AfCFTA) on the Economy of African States
8.
The removal or reduction of restrictions or barriers on the free exchange of goods between nations; may involve dismantling of tariff as well as non-tariff barriers.
Learn more in: Global Market Trends
9.
A process of reduction or elimination of constraints in the sphere of international
trade
, including reduction or removal of customs tariffs, import quotas, abolishment of multiple exchange rates, and simplification of administrative requirements to import and export operations.
Learn more in: Transformation of China's Agricultural Trade in Response to Emerging Tensions on the Global Market
10.
A process of reduction or elimination of constraints in the sphere of international
trade
, including reduction or removal of customs tariffs, import quotas, abolishment of multiple exchange rates, and simplification of administrative requirements to import and export operations.
Learn more in: China and the Eurasian Economic Union: A Future of Agricultural Trade in BRICS+ Format
11.
Trade liberalization
is a policy measure in the field of international
trade
. By implementing this state can control the removal or reduction of restrictions or barriers on the free exchange of goods between nations. In general, we have used
trade liberalization
either in form foreign capital inflow or in terms of tariff reduction.
Learn more in: Environmental Regulation, International Trade, and Informal Sector: Theory, Policy, and Indian Experience
12.
Opening up of foreign
trade
or external
liberalization
. Opening up of foreign
trade
is a watershed in development policy of both India and China. The
trade
- GDP ratio [(export + import) / GDP] is the most widely used measure of
trade
openness of a nation. Following the WTO rules it implies substantially lowered tariffs and scaled back other
trade
barriers and a gradual movement towards a free
trade
regime.
Learn more in: Trade Liberalization, Infrastructure Development, and FDI in India and China
13.
Gradual cancellation of
trade
regulations (tariff and non-tariff barriers to
trade
).
Learn more in: Influence of Tariff Liberalization on Bilateral Trade: Implications for Russia and Its Asian Trade Partners
Find more terms and definitions using our
Dictionary Search
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