Multiple choice

Some developed countries have suggested that in WTO negotiations process of determining 'Special Products' (SPs) should be made more transparent. In WTO terminology what are these special products?

  1. The products which developing countries are allowed to shield from formula tariff cuts.

  2. The products, which are normally imported by the developing countries

  3. Special products are those products which are highly perishable and cannot be preserved for a longer period. (fish, meat, milk, etc.)

  4. Products which are enjoying maximum subsidy by developed countries. Developing countries are not allowed to do that

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

In WTO negotiations, 'Special Products' are agricultural products that developing countries can exempt from tariff cuts to protect their food security and rural livelihoods.

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