Meaning of export subsidy
Export subsidy
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Glossary of agricolture terms
Meaning of export subsidy :
A direct or indirect compensation provided by government to private commercial firms to promote exports of domestic products. Article 16 of the GATT considers that export subsidies are unfair competition and allows countervailing duties to be imposed on subsidized products. Indirect methods of export subsidization include government subsidized financing for exports, export promotion and information activities, tax benefits, or other forms of assistance that may lead to lower than normal costs for exported products. The Uruguay Round Agreement on Agriculture imposes limits on agricultural export subsidies.
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Source : http://www.sln.org.uk/geography/Documents/Glossaries/Agriculture%20Glossary.doc
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Glossary of agricolture terms
Export subsidy
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Meaning and definition of export subsidy
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