Safeguard
In international trade law, a safeguard is a restraint to protect home or national industries from foreign competition. In the World Trade Organization (WTO), a member may take a safeguard action, such as restricting imports of a product temporarily to protect a domestic industry from an increase in imports causing or threatening to cause injury to domestic production.
Read Full WikiDEFINITIONS
- nounSomething that serves as a guard or protection; a defense.
- nounOne who, or that which, defends or protects; defence; protection.
- verbTo protect, to keep safe.
- verbTo escort safely.
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