________ protection such as the escape clause, provide temporary protection to domestic industries facing competition from fairly traded foreign goods?
Correct answer: D. safeguards
- A. generalized system of preference
- B. countervailing duty
- C. domestic content
- D. safeguards
Explanation
Safeguards, also called escape-clause protection, temporarily shield domestic producers from fairly traded imports that cause serious injury. Countervailing duties address foreign subsidies, while preferences reduce rather than impose protection.
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