Subsidies and Countervailing Duties

Brian McDonald

Chapter 11 in The World Trading System, 1998, pp 95-109 from Palgrave Macmillan

Abstract: Abstract Almost all countries subsidise various sectors of the economy, be these in agriculture, industry or services. They do this through a variety of measures, including direct grants, loans and equity participation through tax expenditure or relief. Many firms that are involved in both military and civilian production receive substantial subsidies on the military side, which then spill over on to the civilian side. Another important source of subsidy can be procurement, in particular in the military field.

Keywords: Dispute Settlement; Uruguay Round; Export Subsidy; Direct Taxis; Tokyo Round (search for similar items in EconPapers)
Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-37970-1_11

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DOI: 10.1057/9780230379701_11

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