Notes and Study material for Exams
The Amber Box Subsidy: A Complex and Controversial Tool in Agricultural Trade The global agricultural trade landscape is a complex web of policies, subsidies, and regulations. One of the most contentious issues in this landscape is the use of Amber Box subsidies, a form of government support that directly distorts market prices and trade flows. … Read more
The Doha Development Agenda (DDA) is a set of negotiations within the World Trade Organization (WTO) that began in November 2001. The DDA aims to improve the trading system for developing countries, and to address issues such as agricultural subsidies, market access, and Intellectual Property Rights. The DDA is divided into 21 areas of negotiation, … Read more
Pricing of public utilities and government policy Priority to public There are a number of principles which govern the pricing of public utility Services. There are public utilities like Education, sewage, roads, etc. which may be supplied free to the public and their costs should be covered through general Taxation. Dalton calls it the general … Read more
Current Account deficit and Unfavorable Balance of Payment Current Account Deficit The current account deficit is a measurement of a country’s trade where the value of the goods and Services it imports exceeds the value of the products it exports. The current account includes net income, such as interest and dividends, and transfers, such as … Read more
Here is a list of subtopics on Most Favoured Nation (MFN): MFN treatment MFN clause MFN principle MFN tariff MFN exception MFN reciprocity MFN negotiations MFN dispute settlement MFN implementation MFN impact MFN criticisms MFN alternatives MFN future Most-favored-nation (MFN) treatment is a principle in international law by which a country is obligated to treat … Read more
Historical context The emergence of agricultural Price Policy in India was in the backdrop of Food scarcity and price fluctuations provoked by drought, floods and international prices for exports and imports. This policy in general was directed towards ensuring reasonable food prices for consumers by providing food grains through Public Distribution System (PDS) and … Read more
WTO agreement on agriculture The Agreement on Agriculture is one of the key agreements within the WTO system. Its importance is reflected by its presence as the first Agreement annexed to the Marrakesh Agreement establishing the WTO. Market access Market access simply means the right which exporters have to access a foreign market. The WTO … Read more
What is an Export Subsidy? An export subsidy is a government policy that provides financial assistance to domestic firms that export their goods and services. This assistance can take many forms, such as direct payments, tax breaks, or government-provided insurance. The goal of export subsidies is to make it more profitable for domestic firms to … Read more
Ans: Green Box Subsidies: The subsidies which cause no, or at most minimal, trade distorting effects or effects on production. These subsidies are permitted under WTO regime, for instance; Government Services such as research, disease control, and
A subsidy is a benefit given by the government to groups or individuals usually in the form of a cash payment or tax reduction. The subsidy is usually given to remove some type of burden and is often considered to be in the interest of the public. Direct Cash Transfer Scheme is a POVERTY reduction measure … Read more