Economics · International Trade Organizations
India's objection to selective tariff targeting by a trading partner is primarily rooted in which WTO principle?
- 1The principle that allows developing nations to impose retaliatory duties without dispute settlement
- 2The principle that forbids discriminatory treatment among members except under permitted arrangements✓
- 3The principle that mandates uniform tariff bindings for all members regardless of bilateral relations
- 4The principle that prohibits any country from offering tariff concessions during balance-of-payments crises
Correct answer
The principle that forbids discriminatory treatment among members except under permitted arrangements
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