December 2014

1:

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 TBT (Technical Barriers to trade) 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 only are correct.

B.

Only statement I is correct.

C.

Only statements II and III are correct.

D.

All the statements are correct.

 

Answer : A

Explanation :

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Option: A

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