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TeachMeFinance.com - explain Aggregate measure of support (AMS) Aggregate measure of support (AMS) The term 'Aggregate measure of support (AMS) ' as it applies to the area of agriculture can be defined as ' An indicator of the amount of domestic support for agriculture. As used in the Uruguay Round Agreement on Agriculture, the AMS refers to a measure of the gap between domestic and world prices multiplied by the quantity supported, plus any other commodity-specific transfers. Internal or domestic support reduction commitments in the Uruguay Round Agreement on Agriculture are expressed in terms of reductions in a total AMS covering all trade-distorting internal support measures for agriculture'. Previous 5 Terms: Agglomerate Agglomerating character agglomeration aggradation Aggregate Next 5 Terms: Aggregate ratio Aggregation technique Aggregator AGL AGM About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.