Q8 · UPSC current affairs · 2 October 2026 · PIB · Public Stockholding G20 Trade Ministers WTO Food Security

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Which WTO measure calculates the monetary value of domestic agricultural trade-distorting subsidies?

A General Agreement on Tariffs and Trade (GATT)
B Aggregate Measurement of Support (AMS)
C Trade Facilitation Agreement (TFA)
D Special Safeguard Mechanism (SSM)

Correct answer: (b) Aggregate Measurement of Support (AMS)

Explanation

Option B is correct because the Aggregate Measurement of Support (AMS) is the specific WTO measure used to calculate the monetary value of domestic agricultural trade-distorting subsidies. Options B, C, and D refer to different mechanisms, agreements, or treaties.

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