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

A. WTO affairs

B. SAARC affairs

C. UNFCCC affairs

D. India - EU negotiations on FTA

Answer: Option A

Solution(By Examveda Team)

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).