Q. Which one of the following international organizations provides the legal framework for anti-dumping measures?
Quarterly-SFG-Jan-to-March
Red Book

[A] World Economic Forum (WEF)

[B] International Monetary Fund (IMF)

[C] World Trade Organization (WTO)

[D] United Nations Conference on Trade and Development (UNCTAD)

Answer: C
Notes:

Explanation – The WTO provides the legal framework for anti-dumping measures through its Agreement on Implementation of Article VI of the General Agreement on Tariffs and Trade 1994 (commonly known as the Anti-Dumping Agreement). This agreement governs the application of anti-dumping duties by member countries and ensures that such measures are implemented transparently and in compliance with international trade rules.

Source: The Hindu


Discover more from Free UPSC IAS Preparation Syllabus and Materials For Aspirants

Subscribe to get the latest posts sent to your email.

Blog
Academy
Community