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green box

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Definition of green box in English:

noun

A set of farming subsidies in the EU that do not affect production levels or prices.
Example sentences
  • 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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