gs1medium

In the context of which of the following do you sometimes find the terms amber box, blue box, and green box in the news?

  1. A.WTO affairs
  2. B.SAARC affairs
  3. C.UNFCCC affairs
  4. D.India-EU negotiations on FTA
▶ Answer & Explanation

Correct answer: A. WTO affairs

The 'amber box', 'blue box', and 'green box' are classifications used by the World Trade Organization (WTO) to categorize different types of subsidies provided by member countries. The amber box refers to trade-distorting subsidies, blue box to 'near trade-neutral' subsidies, and green box to non-trade-distorting domestic support measures.

Source: UPSC gs1 2016

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