Economics · International Trade Agreements
The Agreement on Agriculture under the WTO classifies domestic support measures into different 'boxes'. Which of the following correctly describes the 'Amber Box'?
- 1Subsidies exclusively intended for environmental compliance and research
- 2Trade-distorting domestic support measures subject to reduction commitments✓
- 3Prohibited export subsidies
- 4Support measures considered minimally or non-trade-distorting
Correct answer
Trade-distorting domestic support measures subject to reduction commitments
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