Question 19 of 70Indian Economy

With reference to Trade-Related Investment Measures (TRIMS), which of the following statements is/are correct? 1. Quantitative restrictions on imports by foreign investors are prohibited. 2. They apply to investment measures related to trade in both goods and services. 3. They are part of the WTO framework. Select the correct answer using the code given below:

A1 and 2 only
B2 only
C1 and 3 only
D1, 2 and 3

Correct Answer

The correct answer is hidden

Explanation

20 words hidden ... and trade-balancing conditions linked to imports. - Statement 2 is hidden because TRIMS applies to trade in goods, ... 24 words hidden