Trade services can be restricted by the barriers of _____.

no such restriction

No worries! We‘ve got your back. Try BYJU‘S free classes today!

domestic regulations

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

RBI

No worries! We‘ve got your back. Try BYJU‘S free classes today!

SEBI

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is B domestic regulations
Article VI.4 of the General Agreement on Trade in Services (GATS) and the Decision on Domestic Regulation (S/L/70) call upon WTO members to develop any necessary disciplines to ensure that measures relating to qualification requirements and procedures, technical standards and licensing requirements and procedures.

Suggest Corrections

Similar questions

Which of the following refers to trade barrier in the context of WTO?

I. Restrictions on domestic trade

II. Not allowing companies to do foreign trade beyond specific quantity

III. Restrictions on the export and import of goods

IV. Restrictions on the price fixed by companies

Join BYJU'S Learning Program