Economics · International Trade
Under the WTO's General Agreement on Trade in Services (GATS), consider the following classifications: 1. Foreign tourists visiting India fall under 'Consumption Abroad' (Mode 2). 2. Indian IT firms establishing subsidiaries abroad fall under 'Commercial Presence' (Mode 3). 3. Indian professionals temporarily working overseas under contracts fall under 'Movement of Natural Persons' (Mode 4). Which of the statements given above is/are correct?
- 11 and 3 only
- 21, 2 and 3✓
- 32 only
- 41 only
Correct answer
1, 2 and 3
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