UPSC 2020EconomyModerate

With reference to Trade-Related Investment Measures (TRIMS), which of the following statements is/are correct ? 1. Quantitative restrictions on imports by foreign investors are prohibited. 2. They apply to investment measures related to trade in both goods and services. 3. They are not concerned with the regulation of foreign investment. Select the correct answer using the code given below :

a
1 and 2 only
b
2 only
c
1 and 3 only
d
1, 2 and 3
International Trade / WTOTrade-Related Investment Measures (TRIMS)Trade-Related Investment MeasuresTRIMSQuantitative restrictionsforeign investorstrade in goodstrade in servicesregulation of foreign investment

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