Usage Note
Liberalización refers to the process of removing state controls — typically in economics (liberalización del mercado, market liberalization) or trade. It is a formal, policy-register word. The verb is liberalizar, and the related noun liberalismo refers to the ideology rather than the process.
Examples
"La liberalización del comercio benefició a varios países."
Natural Translation
The liberalization of trade benefited several countries.

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