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UPSC PYQPrelims 2020

Civil Services Examination · प्रश्न 56

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 not concerned with the regulation of foreign investment. Select the correct answer using the code given below:

  1. 1 and 2 only
  2. 2 only
  3. 1 and 3 only
  4. 1, 2 and 3
उत्तर देखें और व्याख्या

उत्तर: (C) 1 and 3 only

व्याख्या

The WTO TRIMS Agreement prohibits trade-distorting measures like quantitative restrictions; it applies only to trade in goods and does not regulate foreign investment as such.