Under the WTO provision of Article XIX, countries can:
A)never charge a tariff on an import.
B)always charge a tariff on imports.
C)temporarily charge a higher tariff on certain commodities.
D)provide subsidies to all domestic producers of import competing products.

Question

Quizplus · Accepted Answer

Under Article XIX of the WTO, countries can impose a temporary tariff increase to protect a domestic industry that is being affected by imports causing serious injury. This is known as a safeguard measure and is subject to certain conditions and limitations. Option A is incorrect as countries can charge tariffs on imports within certain limits. Option B is incorrect as there are restrictions on the amount of tariffs that can be charged. Option D is incorrect as subsidies to domestic producers are subject to specific rules under the WTO.

Under the WTO Provision of Article XIX, Countries Can