Why would this passage appear in a trade agreement?
Check all that apply.
When a product...
History, 17.03.2020 20:04, cvalentine3199
Why would this passage appear in a trade agreement?
Check all that apply.
When a product is being imported in such increased
quantities [amounts) as to be a substantial cause of
serious injury or the threat thereof to domestic producers
of like or directly competitive products, the importing
Party shall consult with the other Party ... before taking
any action affecting the trade of the other Party.
-Israel Free Trade Agreement,
Article 5,
1985
It gives imported products an advantage in a foreign
market.
It lets a nation phase out industries that are not
helping its economy.
It lets each nation protect its own industries
It lets the partner nation know about decisions
affecting its exports.
It balances a nation's imports with its exports.
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