BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

INTERNATIONAL MARKETING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
TRIMs stands for
A
Target Regarding Investment Modes
B
Trade Related Investment Measures
C
Trade Related Insurance Markets
D
Trade Relevent to International Markets
Explanation: 

Detailed explanation-1: -The Agreement on Trade-Related Investment Measures (TRIMS) recognizes that certain investment measures can restrict and distort trade. It states that WTO members may not apply any measure that discriminates against foreign products or that leads to quantitative restrictions, both of which violate basic WTO principles.

Detailed explanation-2: -WTO | Agreement on Trade-Related Investment Measures (TRIMs)

Detailed explanation-3: -Trade-Related Investment Measures is one of the four principal legal agreements of the WTO trade treaty. TRIMs are rules that restrict preference of domestic firms and thereby enable international firms to operate more easily within foreign markets.

Detailed explanation-4: -What is TRIMP? TRIMP stands for Training Impulse. TRIMP considers the intensity (calculated by the heart rate reserve method) and the duration of exercise (measured in minutes). It is a way to quantify training load and stress placed on an athlete/player and is represented by a single number.

Detailed explanation-5: -(i) All restrictions on foreign capital are imposed. (ii) No restriction is imposed on any area of investment. (iii) Restrictions on repatriation of dividend is eliminated.

There is 1 question to complete.