GyanGramIn the context of which of the following do you sometimes find the terms ‘amber box, blue box and green box’…
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In the context of which of the following do you sometimes find the terms ‘amber box, blue box and green box’ in the news?
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• Correct Answer: A
• Amber, Blue, and Green boxes are categories of domestic agricultural subsidies under the WTO Agreement on Agriculture.
• Amber box subsidies distort trade and require reduction; Green box subsidies are non-distortionary and permitted.
• B, C, D are wrong: these terms are specific to WTO agriculture negotiations, not SAARC, UNFCCC, or India-EU FTA.
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