WebAug 18, 2024 · Disadvantages of Liberalisation: 1. Increase in unemployment: Due to liberalisation some industries grow, some decline. Therefore, there may be … WebFeb 15, 2024 · Attempts at liberalization in trade could lead to an increase in imports in the short run and this could cause both trade and current account deficits in countries that …
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WebMar 18, 2011 · The various negative Effects of Globalization on Indian Industry are that it increased competition in the Indian market between the foreign companies and domestic companies. With the foreign goods being better than the Indian goods, the consumer preferred to buy the foreign goods. This reduced the amount of profit of the Indian … WebFeb 21, 2024 · Liberalisation means giving more freedom to the industry. It is a process of removing the supply constraints, delicensing, fiscal incentives, etc. in respect of industry. … binaca mouthwash radio commercial
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