how has liberalisation of trade investment policies helped the globalisation process? explain

Yes liberalisation of trends and investment policies have helped globalisation process.This can be understood by the following points:-

a)Because of liberalisation business  are allowed to freely import and export goods and services in whatever quantity they want.Their trade practices are not restricted or regulated and they have more autonomy

b)Govt has allowed the flexibility in labour laws.This helps the MNC's to hire workers for a short period when there is intense pressure of work.This has helped MNC's in cutting costs of production and make better profits.

Due to the above points the MNC's are attracted towards the countries which have liberalisation.They set up industries and factories in such countries which immensely helps in the globalisation process.

 Yes liberalisation of trends and investment policies have helped globalisation process.This can be understood by the following points:-

a)Because of liberalisation business  are allowed to freely import and export goods and services in whatever quantity they want.Their trade practices are not restricted or regulated and they have more autonomy

b)Govt has allowed the flexibility in labour laws.This helps the MNC's to hire workers for a short period when there is intense pressure of work.This has helped MNC's in cutting costs of production and make better profits.

Due to the above points the MNC's are attracted towards the countries which have liberalisation.They set up industries and factories in such countries which immensely helps in the globalisation process.

Liberalisation, which means following a liberal policy in the field of industry and trade, has helped the globalisation process a lot. The main points are as under –
1. As a result of the removal of the barriers of foreign trade and foreign investment the government of India began to follow a liberal policy towards foreign trade, and foreign companies was able to set up their factories and offices here. Also, the Indian Companies are able to set up their factories and offices in other countries.
2. All industries except three industries were exempted from any kind of industries licensing and the industry was now free to import modern technology from other countries, which allowed them for setting up their units guickly.
3. A a result of liberalisation of trade and investment, the Government of India established many Special Economic Zones (SEZs) where all sorts of facilities were made available to foreign companies and relaxation in taxes for an initial period of five years was given.
4. Foreign companies were allowed flexibility in labour laws so that they could employ workers for short periods as per their need.

Ans. Economic liberalisation means reducing government interference in economic activities and removing trade and business barriers. Liberalisation of trade and investment policies helped the globalisation process in the following ways:

(a) Businesses are free to make decisions for foreign import and export.

(b) Foreign companies could easily set up factories and industries in a country after liberalization