Under Terms of the 2015 WTO, When Did Developed and Developing

question 129

Multiple Choice

Under terms of the 2015 WTO, when did developed and developing countries agree to eliminate agricultural export subsidies?

• A) Both developed and developing countries agreed to immediately eliminate their agricultural export subsidies.
• B) Developed countries agreed to immediately eliminate their agricultural export subsidies while developing countries were allowed to maintain their agricultural export subsidies.
• C) Developed countries agreed to immediately eliminate their agricultural export subsidies while developing countries would have until the end of 2018 to eliminate their agricultural export subsidies.
• D) Both developed and developing countries would have until the end of 2018 to eliminate their agricultural export subsidies.

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Definitions:

Operating Costs

Expenses associated with the day-to-day functions of a business, excluding costs related to production.

Annual Cost Savings

The reduction in costs achieved during a year due to various savings measures or efficiencies.

Discount Factor

A multiplier used in discounted cash flow (DCF) analyses to determine the present value of future cash flows, reflecting the time value of money.

Proposed Project

An outlined plan or proposal for undertaking a specific activity or achieving a goal that requires approval or funding.