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What is a subsidized import?

Description. Import subsidies are payments by governments on imported goods. The subsidies are paid to both private importers and state import institutions. Import subsidies can help keep prices on domestic markets low.

What is the agreement of subsidies?

The WTO Agreement on Subsidies and Countervailing Measures (also known as the Subsidies Agreement or the SCM Agreement) establishes multilateral disciplines on the use of subsidies and provides mechanisms for challenging government measures that contravene these rules.

What is Article 14 of the SCM Agreement?

Article 14 of the SCM Agreement, entitled 'Calculation of the Amount of a Subsidy in Terms of the Benefit to the Recipient', provides guidance as to how the relevant market shall be identified.

What does subsidize resources mean?

: to aid or promote (someone or something, such as a private enterprise) with public money. subsidize soybean farmers. subsidize public transportation. subsidization.

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