Disputes Settlement Body ii. NAFTA iii. Trade Policy Review Body iv. ASEAN Council for Trade related aspects of Intellectual Property Rights vi. GATT An appropriate combination is:
i. Gold held by Central Government ii. Gold held by families iii. Forex Reserve held by Commercial Banks iv. Mineral wealth v. SDRs vi. Borrowing facilities vii. NRIs and FDRs viii. Credit facilities available under SWAP Codes:
(i) Domestic industry might be affected adversely by a decline in sales and profits. (ii) If dumping is continued for a longer period, survival of the domestic industry may be threatened. (iii) Dumping may create BOP problems for the country (iv) It finds market for its surplus production. Codes:
Reason (R): A futures contract is for specific currency amount and a specific maturity date. Codes:
(a) Purchase of a futures contract is called short position. (b) Currency futures are traded on an exchange in standardised form and in fixed quantity. (c) Default risk in futures contract is high compared to forward contract. Codes:
Assertion (A): American style option, compared to European style, provides more freedom to option holders in exercising the option. Reason (R): American style option can be exercised only at a specified date which is generally the expiration date. Codes:
