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This question belongs to Commerce Business Environment And International Business

Business Environment and International Business

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The main features of TRIMS are:
(i) All restrictions on foreign capital are imposed.
(ii) No restriction is imposed on any area of investment.
(iii) Restrictions on repatriation of dividend is eliminated.
(iv) Imports of raw material is allowed freely.
(v) No limit on the extent of foreign investment.
Indicate the correct combination

A) (i), (ii), (iii) and (v) B) (ii), (iii), (iv) and (v) C) (iii), (iv) and (v) D) (iv) and (v)

Answer & Solution

Correct Answer: Option B

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