Economics · International Trade Policy & Anti-Dumping
Consider the following statements regarding international trade policy and its implementation in India: 1. The Deadweight Loss arising from the imposition of a tariff represents the net efficiency cost to the economy, resulting from the combination of the production effect and the consumption effect. 2. In India, the Directorate General of Trade Remedies (DGTR) is the primary body responsible for investigating dumping complaints under the Customs Tariff Act, 1975. Which of the above statements is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Both 1 and 2✓
- 2Neither 1 nor 2
- 32 only
- 41 only
Correct answer
Both 1 and 2
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice International Trade Policy & Anti-Dumping MCQs →Want more practice questions on International Trade Policy & Anti-Dumping?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · International Trade Policy & Anti-Dumping