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Management · Q257

Foreign Trade Policy

Graduate and Post Graduate · Management · question 257

Q257

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
Answer
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

Solution

Answer: Option C
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