4.5.2 - Liberalisation of foreign Trade and Investment Policy
Enroll to start learning
You’ve not yet enrolled in this course. Please enroll for free to listen to audio lessons, classroom podcasts and take practice test.
Practice Questions
Test your understanding with targeted questions
Define liberalisation in your own words.
💡 Hint: Think about how a less restricted market operates.
What does an MNC stand for?
💡 Hint: Remember, they operate in multiple countries.
4 more questions available
Interactive Quizzes
Quick quizzes to reinforce your learning
What is the primary purpose of liberalisation?
💡 Hint: Think about how it affects consumers and producers.
Are MNCs beneficial for local economies?
💡 Hint: Consider both sides of the argument.
Get performance evaluation
Challenge Problems
Push your limits with advanced challenges
Evaluate how liberalisation could alter the competitive dynamics in a previously insulated industry, such as textiles.
💡 Hint: Think about the strategies industries might use in response.
Propose and justify a policy that could help local producers thrive in a liberalised economy.
💡 Hint: Consider balancing protection and competition.
Get performance evaluation
Reference links
Supplementary resources to enhance your learning experience.