Economics · International Trade
Consider the following statements about WTO classification of agricultural subsidies: 1. Amber Box subsidies are considered trade-distorting and subject to reduction commitments. 2. Blue Box subsidies require conditions that restrict production. 3. Green Box subsidies include income support not linked to current output. Which of the above statements are correct?
- 1All three✓
- 21 and 3 only
- 32 and 3 only
- 41 and 2 only
Correct answer
All three
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