Trade liberalization refers to the removal of barriers between countries, allowing the flow of goods and services. This process encourages economic growth by expanding market access and promoting competition. Implementing trade liberalization can lead to increased productivity and innovation, benefiting consumers with a wider range of products at competitive prices. Countries engaging in trade liberalization often experience higher levels of foreign investment and technological advancements. While some argue that it may result in job losses in certain industries, proponents believe that the overall benefits outweigh the challenges. Ultimately, trade liberalization is seen as a driver of economic development and global prosperity.