The agricultural subsidies, in the WTO terminology have in general been identified by ‘boxes’ which have been given the colours of the traffic lights—green, amber and red With reference to this identify which of the following statements is/are correct? 1. The agricultural subsidies which cause minimal or no distortions to trade are put under the green box. 2. All subsidies which are supposed to distort production and trade fall into the blue box . 3. The ‘Amber box’ subsidies are tied to programmes that limit the level of production. Select the correct answer using the codes given below: - Study24x7
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The agricultural subsidies, in the WTO terminology have in general been identified by ‘boxes’ which have been given the colours of the traffic lights—green, amber and red With reference to this identify which of the following statements is/are correct? 1. The agricultural ...

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A

1 only

B

2 and 3 only

C

1 and 3 only

D

1, 2 and 3

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