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A Define Trade Liberalization Dom . Promoting free trade by reduction of trade restrictions results in more goods in the country since imports are subjected to lower fees. This is true by construction,. Globalization definition and meaning Market Business News from marketbusinessnews.com This may include the reduction or removal of tariffs, abolition or. One of the aims of liberalisation is to make an. Trade liberalisation involves a country lowering import tariffs and relaxing import quotas and other forms of protectionism.