Which policy reflects the notion that if society enjoys gains due to increased efficiency stemming from trade liberalization,some sort of compensation should be provided to those who are temporarily hurt by import competition?

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Trade adjustment assistance reflects the notion that those who are temporarily hurt by import competition should receive some sort of compensation. This policy provides job training, education, and other support to workers who lose their jobs or experience reduced hours due to trade liberalization. Countervailing duties are tariffs imposed to offset subsidies given by foreign governments to their businesses, while domestic subsidies are financial assistance given by a government to its own producers. The most-favored-nation standard is a principle of non-discrimination that requires countries to treat all trading partners equally, without giving special treatment to any one country.

Which Policy Reflects the Notion That If Society Enjoys Gains