Economy
2020
External Sector
FDI and FII
UPSC Practice Question
With reference to Trade-Related Investment Measures (TRIMS), which of the following statements is/are correct?
- Quantitative restrictions on imports by foreign investors are prohibited.
- They apply to investment measures related to trade in both goods and services.
- They are not concerned with the regulation of foreign investment. Select the correct answer using the code given below:
A.1 and 2 only
C.1 and 3 only
B.2 only
D.1, 2 and 3