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Commerce · Q324

Business Environment and International Business

Graduate and Post Graduate · Commerce · question 324

Q324

Consider the following statements. Statement I: TRIMs agreement refers to conditions or restrictions imposed on foreign investors. Statement II: TRIMs agreement specifically forbids imposing restrictions on operations of an enterprise which result in protecting domestic products and making imports disadvantageous.

A.
Statement I is correct, but II is incorrect
B.
Statement II is correct, but I is incorrect
C.
Both the statements I and II are correct
Answer
D.
Both the statements I and II are incorrect

Answer: Option C

Solution

Answer: Option C
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