Explain the different type of subsidies as per WTO agreements
Ans: Green Box Subsidies: The subsidies which cause no, or at most minimal, trade distorting effects or effects on production. These subsidies are permitted under WTO regime, for instance; Government services such as research, disease control, and infrastructure and food security. Amber Box Subsidies : All domestic support measures considered to distort production and … Read more Explain the different type of subsidies as per WTO agreements