Agreement on Trade Related Investment Measures (TRIMS) under WTO regime aims to address which one of the following measures?
A. Protection of investment in creation of Intellectual Property Rights (IPRs)
B. Nomember shall apply any measures in violation of the national treatment principles of GATT and discriminate against foreigners or foreign products
C. It does not prohibit investment measures that place a restriction on quantities and measures requiring a certain percentage of local procurement
D. It encourages measures which limit imports or set targets for exports and trade balancing requirements
Answer: Option B
A. Importing
B. Exporting
C. Franchising
D. Joint Ventur
Foreign trade helps each country to make . . . . . . . . use of its natural resources.
A. optimal
B. loss
C. better
D. none of these
The effects of foreign trade on the domestic economy maybe at
A. Micro level
B. Macro level
C. Both A and B
D. Neither A nor B
A. Chief controller of Imports and Exports
B. Director General of Foreign Trade
C. Director General of Commercial Intelligence
D. Chief Controller of Foreign Trade

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