world_organizations medium True/False

The WCO's Time Release Study (TRS) methodology measures the average time taken to release/clear goods at borders, identifying bottlenecks and informing trade facilitation reforms.

  1. True
  2. False

Answer: True

TRS is a standardized WCO tool for diagnosing customs and border agency efficiency. By tracking goods movement from arrival to release, it pinpoints delays (documentation, inspections, payments) and supports evidence-based reforms to reduce trade costs and enhance competitiveness.

Topic World Customs Organization
Exam Relevance UPSC, SSC, Banking
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