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What is the process of liberalizing import laws and taxes called

APrivatization

BGlobalization

CLiberalization

DNationalization

Answer:

C. Liberalization

Read Explanation:

  • The process of liberalizing import laws and taxes is called Liberalization.

  • This is an important economic concept where a country reduces restrictions on imports by lowering import tariffs and relaxing trade barriers to promote international trade and economic growth


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