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World Trade Organisation and UNCTAD

Export subsid...

Question

Export subsidies are trade distorting and needs to be reduced

A

True

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B

False

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Solution

The correct option is A True

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Similar questions

Q. Consider the following statements.

1

. Blue Box contains those subsidies that tend to distort the international trade by making products of a country cheaper in the international market.

2

. Green Box contains those subsidies that do not distort trade nor cause any distortion are classified under this box.
Which of the given statements is/are correct?

Q. Q. With reference to the classification of subsidies at the World Trade Organisation (WTO), consider the following statements:Which of the above given statements is /are incorrect?

3 only
1 and 2 only
1 and 3 only
2 only

Q. 40. Consider the following statement about Aggregate Measurement of Support’ (AMS) under WTO
1. Product-specific subsidy provided to each individual agricultural commodity is part of AMS.
2. AMS represents trade distorting domestic support.
3. Subsidies on inputs for agriculture are not part of AMS.
Select the correct answer using the code given below.

Q. Duties are tariffs levied on imported goods to offset subsidies made to producers of these goods in the exporting country.

Q. Exporters get various benefits in the form of subsidies. To avail these subsidies they have to show issued by appropriate authority.

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