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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 |
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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 |
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Multi national enterprises |
They are the big companies that operates in different countries They enjoy the advantages like savings on transport cost |