Economics · Economy
Under the World Trade Organization (WTO) guidelines, 'Green Box' subsidies refer to:
- 1Subsidies that cause minimal or no trade distortion, such as those for environmental protection and research.✓
- 2Subsidies permitted exclusively for developed nations.
- 3Price support subsidies given directly to agricultural exporters.
- 4Subsidies that cause significant trade distortions and must be phased out.
Correct answer
Subsidies that cause minimal or no trade distortion, such as those for environmental protection and research.
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