86. Which of the following is an example of a trade promotion measure?
a) Imposing export restrictions
b) Implementing import tariffs
c) Providing export subsidies
d) Restricting foreign direct investment
87. The concept of “trade in services” includes activities related to:
a) Manufacturing and production
b) Agriculture and farming
c) Tourism and transportation
d) Import and export of goods
88. The Trade-Related Investment Measures (TRIMs) Agreement is a part of:
a) World Bank
b) World Trade Organization (WTO)
c) United Nations (UN)
d) International Monetary Fund (IMF)
89. The concept of “tariff” refers to a:
a) Limitation on the quantity of imports
b) Tax imposed on imported goods
c) Subsidy provided to domestic producers
d) Trade agreement between countries
90. The General Agreement on Trade in Services (GATS) is a WTO agreement that aims to:
a) Regulate intellectual property rights
b) Promote fair competition in services trade
c) Eliminate trade barriers for developing countries
d) Regulate environmental standards in trade