TRIM: Trade Related Investment Measures are rules that

apply to the domestic regulations a country applies to

foreign investors, often as part of an industrial policy.

A....TRIM is/are rules, which restrict preference of

domestic firms and thereby enable international firms to

operate more easily within foreign markets.

Example: Export Prohibited items from India: Gold, animals,

natural resources (some kind of trees) etc.

TRIP: Trade Related Aspects of Intellectual Property Rights

is an agreement that sets down minimum standards for many

forms of intellectual property regulation. Specifically,

contains requirements that nations law must meet for:

copyright rights, patents; trademarks and undisclosed of

confidential information.