Question
What is a Blue Box subsidy?
- These include direct payments to farmers to limit production and certain government assistance to encourage agriculture and rural development in developing countries
- These include government policies of Minimum Support Prices (MSP) for agricultural products or any help directly related to production quantities (for eg. power, fertiliser, seeds, pesticides, irrigation etc.).
- These include amounts spent on research, disease control, infrastructure and food security
Answer: Option C
Answer: (c)
Blue Box subsidies include direct payments to farmers to limit production and certain government assistance to encourage agriculture and rural development in developing countries.
Blue Box subsidies are seen as being trade-distorting.
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Answer: (c)
Blue Box subsidies include direct payments to farmers to limit production and certain government assistance to encourage agriculture and rural development in developing countries.
Blue Box subsidies are seen as being trade-distorting.
Was this answer helpful ?
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