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Management · Q266

Foreign Trade Policy

Graduate and Post Graduate · Management · question 266

Q266

From the following statements relating to WTO agreements, choose the statements that are correct. Statement I Diversity in technical regulations and industrial standards among countries leads to the introduction of Technical Barriers to Trade (TBT) Agreements. Statement II The aim of WTO agreements on customs valuation is to ensure a fair, uniform and neutral system for the valuation of goods for customs purposes. Statement III The agreement on Trade Related Investment Measures (TRIMs) applies only to measures that affect trade in goods.

A.
Statements I and II are correct
B.
Statement I is correct
C.
Statements II and III are correct
D.
All the statements are correct
Answer

Answer: Option D

Solution

Answer: Option D
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