Economics · International Business
Assertion (A): TRIMs (Trade-Related Investment Measures) and TRIPs (Trade-Related Aspects of Intellectual Property Rights) provisions facilitate and promote Foreign Direct Investment (FDI). Reason (R): TRIMs and TRIPs provisions remove restrictions and address capital flow sensitivities. Choose the correct response from the following:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Both A and R are incorrect
- 2A is correct and R is not correct
- 3Both A and R are correct and R is NOT the right explanation of A
- 4Both A and R are correct and R is the right explanation of A✓
Correct answer
Both A and R are correct and R is the right explanation of A
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