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Management · Q191

Foreign Trade Policy

Graduate and Post Graduate · Management · question 191

Q191

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
Answer
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

Solution

Answer: Option B
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