. TRIMs stands for
A: Trade Related Inventories Measures
B: Trade Related Income Measures
C: Trade Related Investment Measures
D: Trade Related Investment Methods
Best Answer
Explanation :
- According to the Trade-Related Investment Measures Agreement, certain investment measures can restrict and distort trade (TRIMS).
- It states that members of the WTO may not discriminate against foreign products or impose quantitative restrictions, both of which are against WTO principles.
- A list of prohibited TRIMS, such as local content limitations, is included in the Agreement.
- The TRIMS Committee oversees the administration and execution of the Agreement and allows members to consult on any relevant concerns.
Final Answer :
The Correct Answer is Trade Related Investment Measures (i.e) Option C.
.
Related questions
