One of the mysteries of the English language finally explained.
A set of farming subsidies established by the World Trade Organization that do not affect production levels or prices.
- ‘EU farm exports would fall by a massive 45 per cent if Green Box subsidies were removed and production would fall by close to 6 per cent.’
- ‘Most developed countries are very supportive of the Green Box as a way to support non-trade concerns such as environment.’
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