Example of Deregulation in the Philippines

Explanation:

In 1996, the Philippines had liberalized the domestic oil industry. Restrictions on importation/exportation of petroleum products were removed. An automatic pricing mechanism for petroleum products was also adopted.

Economic liberalization refers to the reduction or elimination of government regulations or restrictions on private business and trade. ... For example, the European Union has liberalized gas and electricity markets, instituting a competitive system/

Explanation:

consider an orange peel: if you want to try and lay it flat, you have to stretch it, we know exactly how things are being stretched or squashed at any given point. we have many different map projections because each has different patterns of some projections can even preserve certain features of the earth without