69th BPSC Prelims (2023), question 111

📈 Economy

111. Rules of Origin:
     1. Criteria to determine national source of a product.
     2. Help customs know applicable regulations/fees.
     3. Used for trade statistics.
     4. Duties/restrictions often depend on import source.
     Which are correct?

     1. Only 1 and 2
     2. Only 3 and 4
     3. Only 1, 3 and 4
     4. All of the above
     Show answer

     Answer: D — All of the above

     All four statements correctly describe Rules of Origin.