Which of these periods was most characterized by trade liberalization?

Question

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The late 1800s until World War I saw a significant increase in trade liberalization, with many countries reducing or eliminating tariffs and opening up their economies to international trade. This was driven by a combination of factors, including the growth of industrialization and the rise of global trade networks. After World War I, many countries became more protectionist in response to economic volatility and political instability, so trade liberalization efforts slowed.

Which of These Periods Was Most Characterized by Trade Liberalization