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In the context of the World Trade Organization (WTO), consider the following statements with respect to the Amber Box subsidies: These are trade distorting by making products of a particular country cheaper in comparison to other country's products. Support limit of subsidy is capped at 10% of the total agricultural production for developed countries and at 5% for developing countries. It includes input subsidies such as subsidies for fertilisers, seeds, electricity, etc. Which of the statements given above is/are correct?a)1, 2 and 3b)1 and 3 onlyc)1 and 2 onlyd)3 onlyCorrect answer is option 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about In the context of the World Trade Organization (WTO), consider the following statements with respect to the Amber Box subsidies: These are trade distorting by making products of a particular country cheaper in comparison to other country's products. Support limit of subsidy is capped at 10% of the total agricultural production for developed countries and at 5% for developing countries. It includes input subsidies such as subsidies for fertilisers, seeds, electricity, etc. Which of the statements given above is/are correct?a)1, 2 and 3b)1 and 3 onlyc)1 and 2 onlyd)3 onlyCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In the context of the World Trade Organization (WTO), consider the following statements with respect to the Amber Box subsidies: These are trade distorting by making products of a particular country cheaper in comparison to other country's products. Support limit of subsidy is capped at 10% of the total agricultural production for developed countries and at 5% for developing countries. It includes input subsidies such as subsidies for fertilisers, seeds, electricity, etc. Which of the statements given above is/are correct?a)1, 2 and 3b)1 and 3 onlyc)1 and 2 onlyd)3 onlyCorrect answer is option 'B'. Can you explain this answer?.

Solutions for In the context of the World Trade Organization (WTO), consider the following statements with respect to the Amber Box subsidies: These are trade distorting by making products of a particular country cheaper in comparison to other country's products. Support limit of subsidy is capped at 10% of the total agricultural production for developed countries and at 5% for developing countries. It includes input subsidies such as subsidies for fertilisers, seeds, electricity, etc. Which of the statements given above is/are correct?a)1, 2 and 3b)1 and 3 onlyc)1 and 2 onlyd)3 onlyCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.

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