Question : Which of the following is not a type of trade restriction?
Option 1: Tariffs
Option 2: Quotas
Option 3: Embargoes
Option 4: Subsidies
Correct Answer: Subsidies
Solution : The correct answer is (d) Subsidies
Subsidies are not a type of trade restriction. Instead, subsidies are a form of financial assistance provided by governments to domestic industries or producers to promote their competitiveness or support specific activities. Subsidies can have an impact on international trade by affecting the competitiveness of domestic products, but they are not a direct trade restriction measure.
Option 3: Subsidies
Option 4: Open market operations
Question : Which of the following is not a type of trade barrier?
Option 1: Quotas
Option 2: Subsidies
Option 4: Spot rates
Question : Which of the following is not a type of export promotion?
Option 1: Subsidies
Option 2: Tariffs
Option 3: Tax incentives
Option 4: Trade missions
Question : Which of the following is not a type of international trade?
Option 1: Merchandise trade
Option 2: Services trade
Option 3: Investment trade
Option 4: Capital trade
Question : Which of the following is the right expansion of GATT?
Option 1: Government Agreement on Trade and Tax
Option 2: General Agreement on Trade and Tariffs
Option 3: Government Agreement on Trade and Tariffs
Option 4: General Agreement on Trade and Tax
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