Definition of Blue box policies

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TeachMeFinance.com - explain Blue box policies



Blue box policies

The term 'Blue box policies ' as it applies to the area of agriculture can be defined as ' Direct payments, under the definition of 'production-limiting' measures as defined in Article 6 of the Uruguay Round Agreement on Agriculture, that are not subject to the commitment to reduce domestic support. To qualify for the exemption, payments must be based on fixed areas or yields, on a fixed number of livestock, or on 85% or less of the base level of production. See green box'.

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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".


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