Foreign Trade Policy

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81.
On of the international agreements by which an organisation establishes local production in foreign countries without capital investment is

A. joint venture

B. licensing

C. direct export

D. FDI

A. TRIMS ensure that the domestic countries do not discriminate between the foreign investors and the national investors

B. It ensures that they do not force the investors to invest in the sectors that will fulfil the self-centred interest of the domestic economy

C. Both A and B

D. Neither A nor B

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