Q. With reference to Foreign Direct Product Rule (FDPR) consider the following statements:
1. It controls trading of US technologies even manufactured in other countries.
2. It helps in importing foreign products at a low tariff rate.
Select the correct answer using the codes given below:

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: A

The provision called the foreign direct product rule, or FDPR, was first introduced in 1959 to control trading of US technologies. It essentially says that if a product was made using American technology, the US government has the power to stop it from being sold – including products made in a foreign country. It has been recently applied to China. Source: https://indianexpress.com/article/explained/explained-global/us-fdpr-china-curbs-tech-sector-supercomputer-8197353/