Countervailing duty shall not be levied unless it is determined that: (a) The subsidy relates to export performance. (b) The subsidy relates to the…

CA Foundation · Business Economics · MTP · June 2024
Countervailing duty shall not be levied unless it is determined that: (a) The subsidy relates to export performance. (b) The subsidy relates to the use of domestic goods over imported goods in the export article (c) The subsidy has been conferred on a limited number of persons engaged in the manufacture, production or export of articles.
(A) A. The subsidy relates to export performance.
(B) B. The subsidy relates to the use of domestic goods over imported goods in the export article
(C) C. The subsidy has been conferred on a limited number of persons engaged in the manufacture, production or export of articles.
(D) D. All the above

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. All the above

Topics: International Trade

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