________ protection,similar to the escape clause in U.S.law,refers to temporary protection given to local industries facing competition from fairly traded foreign products.

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Safeguards refer to temporary protection given to local industries facing competition from fairly traded foreign products. It is similar to the escape clause in U.S. law. Countervailing duty refers to a tariff imposed on imports to offset subsidies offered to producers by foreign governments. Fair trade refers to trade practices that promote social, economic, and environmental sustainability. Competitive trade refers to the competition between companies in the global marketplace.

________ Protection,similar to the Escape Clause in U