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Trade Liberalization
Trade Liberalization
The process of lowering trade barriers of every sort.
(Pal, L. (2006). Beyond Policy Analysis: Public Issue Management in Turbulent Times. Third Edition. Toronto: Nelson – Thomson, p.89.)
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The process of lowering trade barriers of every sort such as duties and nontariff barriers, to encourage trade and investment flows.
Approved for glossaryposting by Ben Eisen on February 27, 2011