SSC Economics Sample Paper NCERT Sample Paper-6

  • question_answer
    Consider the following statements
    1. Technical Barriers to Trade (TBT) are the category of non-tariff barriers to trade under the WTO agreements.
    2. TBT have the greatest impact on agriculture due to sanitary and phytosanitary measures designed to protect humans, animals, and plants, from diseases, pests, and other contaminants.
    Which of the statements given above is/are correct?

    A)  Only 1 

    B)  Only 2

    C)  Both 1 and 2    

    D)  neither 1 nor 2

    Correct Answer: C

    Solution :

    [c] Technical barriers to trade (TBTs), a category of non-tariff barriers to trade, are the widely divergent measures that countries use to regulate markets, protect their consumers, or preserve their natural resources (among other objectives), but they also can be used (or perceived by foreign countries) to discriminate against imports in order to protect domestic industries.

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