Economics · International Trade
The 'Green Box' subsidies under the WTO refer to:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Subsidies provided for environmental protection and rural development, which are not subject to reduction commitments.✓
- 2Subsidies provided exclusively to developed countries.
- 3Subsidies given to promote industrial growth.
- 4Subsidies that cause significant trade distortions and are prohibited.
Correct answer
Subsidies provided for environmental protection and rural development, which are not subject to reduction commitments.
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