Import Substitution Subsidy

Import substitution subsidy in Global Commerce Policy

In this regard, import substitution subsidy is: a subsidy payable only if local materials or components are used in the production of a good, regardless of whether this is the sole condition for its availability. The entries on trade policy are here. All such subsidies are prohibited under the WTO Agreement on Subsidies and Countervailing Measures.[1]

Import substitution subsidyin the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

Resources

Notes and References

1. Dictionary of Trade Policy, “Import substitution subsidy” entry (OAS)

See Also