safeguard Flashcards

1
Q

Who permits Member Countries to provide affected domestic industries relief against imports under circumstances specified in the General Agreement on Tariffs and Trade 1994 (GATT 1994).

A

WTO

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2
Q

the volume of imports exceeds a trigger level; or (but not concurrently)

the price of imports falls below a trigger price

A

Special safeguard measures

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3
Q

otherwise known as the “Safeguard Measures Act”

A

RA 8800

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4
Q

Conducts formal investigation and submits recommendation to DTI or DA Secretary on the form of definitive safeguard measure to be imposed.

Monitors the domestic industry’s progress and its efforts to make a positive adjustment to import competition.

Conducts preliminary determination to ascertain whether or not provisional measure may be imposed in case of agricultural products.

A

DA

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5
Q

Conducts investigation on any legitimate request for the extension and re-application of safeguard measures; the reduction, modification and/or termination of safeguard action.

After the termination of safeguard measure, evaluates the effectiveness of the actions taken by the domestic industry to facilitate its positive adjustment to import competition.

A

TC

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6
Q

Decides on the form of definitive safeguard measure to impose and issues a Department Order for implementation by concerned agencies.

A

DTI or DA Secretary

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7
Q
A
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