As a part of the WTO guidelines, the Agreement on Agriculture (AoA) does not include
A. direct payments to farmers are permitted
B. indirect assistance and support to farmers including R&D support by government are not permitted
C. domestic policies which directly affect production and trade have to be cut back
D. least developed countries do not need to make any cuts
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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