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  • question_answer
    In the context of which of the following do you sometimes find the terms 'amber box, blue box and green box' in the news? [IAS Prelims 2016]

    A) WTO affairs

    B) SAARC affairs

    C) UNFCCC affairs

    D) India-EU negotiations on FTA

    Correct Answer: A

    Solution :

    In WTO terminology, subsidies in general are Identified by 'Boxes' which are given the colours of traffic lights: green (permitted), amber (slow down i.e. be reduced), red (forbidden).


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