Consider the following 1 Domestic food aid to certain section of population 2 Agriculture input subs...........

Indian Economy (Easy) Agriculture

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Consider the following

1) Domestic food aid to certain section of population

2) Agriculture input subsidy

3) Payment on number of livestocks

4) Supports such as irrigation & electricity

Which of the above are not covered under Green Box subsidies of WTO?

2 and 3 only

1,2 & 3 Only

2, 3 & 4 Only

4 Only

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Explanation:

Green Box, In simple terms , subsidies that do not distort trade fall in this box.According to WTO , green box subsidies should not distort trade , or at most cause minimal distortion. These green box subsidies must be government-funded — not by charging consumers higher prices, and they must not involve price support.