world_organizations hard Fill in the Blank

The WCO's Revised Kyoto Convention provides international standards for simplifying and harmonizing _____ procedures to facilitate legitimate trade while ensuring effective customs control.

  1. taxation
  2. customs
  3. immigration
  4. quarantine

Answer: customs

The International Convention on the Simplification and Harmonization of Customs Procedures (Revised Kyoto Convention) is the WCO's blueprint for modern, efficient customs procedures, promoting trade facilitation, transparency, and predictability in international trade.

Topic World Customs Organization
Exam Relevance UPSC, SSC, Banking
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