Which one of the statements on coupled and decoupled payment programs is NOT true? Coupled payments are based on current level of production or prices Decoupled income support program belongs to WTP Green box Coupled payment may distort production decisions Decoupled payments provide price support O Decoupled payments are not based on current level of production or prices

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Which one of the statements on coupled and decoupled payment programs is NOT true?
Coupled payments are based on current level of production or prices
Decoupled income support program belongs to WTP Green box
Coupled payment may distort production decisions
Decoupled payments provide price support
Decoupled payments are not based on current level of production or prices
Transcribed Image Text:Which one of the statements on coupled and decoupled payment programs is NOT true? Coupled payments are based on current level of production or prices Decoupled income support program belongs to WTP Green box Coupled payment may distort production decisions Decoupled payments provide price support Decoupled payments are not based on current level of production or prices
Which of the following statements is NOT correct about Tariff-rate quota (TRQ)?
In Canada, dairy and poultry products are subject to TRQ
Up to the minimum access commitment or quota (MAC), the commodity is subject to a low
tariff rate
Beyond the minimum access commitment or quota (MAC), the commodity is subject to a zero
tariff rate
The TRQ is a theoretically less restrictive measure than a standard import quota
O It is a combination of quota and tariff
Transcribed Image Text:Which of the following statements is NOT correct about Tariff-rate quota (TRQ)? In Canada, dairy and poultry products are subject to TRQ Up to the minimum access commitment or quota (MAC), the commodity is subject to a low tariff rate Beyond the minimum access commitment or quota (MAC), the commodity is subject to a zero tariff rate The TRQ is a theoretically less restrictive measure than a standard import quota O It is a combination of quota and tariff
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