UPSC PRELIMS · ECONOMICS · WTO — TRIMS
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:
Take a breath. Choose one. Press A–D on your keyboard if you like.
EXPLANATION
TRIMS addresses investment measures related to trade in goods and disciplines measures inconsistent with GATT obligations; it does not cover services and is not a general foreign-investment code.
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