AMS

abbreviationStandard termFarming

The Aggregate Measurement of Support, an index of government subsidies provided to the agricultural sector.

The Aggregate Measurement of Support is a trade metric used to quantify the annual level of domestic financial assistance a government gives to its farmers. It includes market price supports, direct payments, and input subsidies that distort international trade. Trade agreements rely on this figure to set limits on how much a country can artificially lower production costs.

Heard on the job

The trade dispute centers on whether their emergency drought relief pushes their AMS over the agreed limit.