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3 Cards in this Set

  • Front
  • Back

Trade liberalization

Trade removal of tariffs and quoters to encourage a free flow of goods and services between countries



This has been made possible by the WTO which advocates for free trade between countries

Capital liberalization


Exchange and investments controls were removed,capital was allowed to be traded in international markets



This allowed capital to move where it earned the highest returns

Multi national enterprises

They are the big companies that operates in different countries



They enjoy the advantages like savings on transport cost