Glossary of the 1993 SNA - Definition of Term | | Term | Losses of government trading organisations (Subsidies on) | | Definition | Losses of government trading organisations consist of the losses incurred by government trading organisations whose function is to buy and sell the products of resident enterprises; when such organisations incur losses as a matter of deliberate government economic or social policy by selling at lower prices than those at which they purchased the goods, the difference between the purchase and the selling prices should be treated as a subsidy. | | Paragraphs | 7.78. |
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