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:
A1 and 2 only
B2 only
C1 and 3 only
D1, 2 and 3
Answer & Solution
Correct answer: C. 1 and 3 only
UPSC CSE Prelims 2020 (GS-I, Set A), Q.56. Official answer key: C.
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