What are countervailing measures?
A. Measures which a state may initiate against another state when that other state has legally subsidised any of its domestic industries
B. Measures which a national government may initiate against another state when that other state, has not subsidised any of its domestic industries
C. Measures which a state may initiate against another state when that other State has illegally subsidised any of its domestic industries
D. Measures which a national government may initiate against another state when that other state has not illegally subsidised any its domestic industries
Answer: Option C
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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