Amber Box

Amber Box

Domestic support for agriculture that is considered to distort trade and therefore subject to reduction commitments. Technically calculated as Aggregate Measurement of Support (AMS).

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Part of Speech: noun
Synonym(s):
Blossary:
Industry/Domain: Economy
Category: International trade
Organization: WTO
Product:
Acronym-Abbreviation:

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Related terms

amber box

Agriculture; General agriculture

All domestic support measures considered to distort production and trade, e.g. price supports or subsidies related to production quantities.

Amber

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Any top or bottom-fermented beer having an amber color: between pale and dark.

United Nations Center for International Trade Law (UNCITRAL)

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An international body that drafts model laws such as the one on government procurement.

Uruguay Round

Economy; International trade

Multilateral trade negotiations launched at Punta del Este, Uruguay in September 1986 and concluded in Geneva in December 1993. Signed by Ministers in Marrakesh, Morocco, in April ...

variable levy

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Customs duty rate which varies in response to domestic price criterion.

voluntary restraint arrangement (VRA)

Economy; International trade

Bilateral arrangements whereby an exporting country (government or industry) agrees to reduce or restrict exports without the importing country having to make use of quotas, ...

waiver

Economy; International trade

Permission granted by WTO members allowing a WTO member not to comply with normal commitments. Waivers have time limits and extensions have to be justified.