Civil Services Uttarakhand Combined State Civil/Upper Subordinate Services Examination 2025 General Knowledge Economy External Sector and Currency Exchange rate
What does the 'National Treatment' principle under WTO rules mean?
1
A country must treat imported goods the same as domestically produced goods after they enter the market.
2
A country must impose the same import duties on all foreign goods, regardless of their origin.
3
A country can offer preferential treatment to domestic producers while restricting imports.
4
Foreign companies must receive the same legal rights as domestic companies before entering the market.