1945

What changes will liberalization or lower trade barriers bring to my market?

image of What changes will liberalization or lower trade barriers bring to my market?

Liberalization can be advantageous for industries. This is particularly true for the automotive industry, which is increasingly globalized. The automotive industry now accounts for about 12.5% of world merchandise exports and consolidation within the industry is expected to continue through mergers and acquisitions.

Related Subject(s): International Trade and Finance
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