Economics · International Trade
Under WTO guidelines, what distinguishes 'Blue Box' subsidies from standard Amber Box subsidies?
- 1They apply only to environmental conservation and research programs
- 2They are exclusively funded by non-governmental international organizations
- 3They are trade-distorting subsidies but require farmers to limit production✓
- 4They are completely non-distorting to trade and have no limits
Correct answer
They are trade-distorting subsidies but require farmers to limit production
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