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Eduncle posted an MCQ
February 29, 2020 • 23:53 pm 0 points
  • UGC NET
  • Economics

Which one of the following institutions is related with the Green/Blue Box Subsides ?

(a)    United Nations                          (b)    World Bank
(c)    World Tourism Organizations    (d)    World Trade Organizations
Choose the correct from those given below :

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    Eduncle Best Answer

    An WTO terminology, subsidies in general are identified by “boxes” which are given the colours of traffic lights : green (Permitted), amber (Slow Down), red (Forbidden). In Agricultural agreement there is a blue box for subsidies that are tied to programs that limit proceduction.

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