QUESTION TWO Research a recent case involving the agreement on safeguards and answer the following questions; a) What was the impact of the safeguard measure on both domestic industries and trading partners and how did the implementing country minimize adverse effects on other WTO members in detail? (5 marks) b) How did the notifying country fulfill its obligations regarding notification and consultation when implementing safeguard measures in detail? (5 marks) c) Was compensation provided to the affected WTO members due to safeguard measures? If yes, how was compensation determined and implemented n detail? (5 marks) d) Evaluate in detail the review and termination process of the safeguard measures showing how decisions were made and what the outcomes were. (5 marks)

Provide an example of a recent safeguard measure imposed by a WTO member and explain its purpose within the WTO framework (5 marks)

QUESTION ONE The Agreement on Safeguards establishes rules for the application of safeguard measures by member governments as provided in Article XIX of GATT 1994 (Emergency Action on Imports of Particular products). This agreement is a product of the Uruguay round after the WTO member states had failed in their efforts to develop the safeguard code during the Tokyo round. According to the dictionary of trade policy terms, safeguards mean temporary measures designed to slow imports to enable a particular industry to adjust to heightened competition from foreign suppliers. The basic requirements according to this agreement is that there has to be a determination that, as a result of unforeseen developments and the effect of a member’s obligations under GATT 1994, a product is being imported in such increased quantities as to cause or threaten to cause serious injury to the domestic industry producing like or directly competitive products. With this in mind: a) How does the Agreement on Safeguards differ from the Anti- dumping agreement and the Agreement on subsidies and countervailing measures? Explain how trade issues are addressed according to these agreements (10 marks) b) Provide an example of a recent safeguard measure imposed by a WTO member and explain its purpose within the WTO framework (5 marks) c) Choose a specific industry in Uganda affected by imports and discuss the criteria that would need to be met for a safeguard measure to be justified under the WTO agreement on safeguards (5 marks)

Choose a specific industry in Uganda besides Textile affected by imports and discuss in detail the criteria that would need to be met for a safeguard measure to be justified under the WTO agreement on safeguards (5 marks).

Which among the following are the functions of WTO?Group of answer choicesDispute settlement between trading countriesProvide guidelines, rules, and regulation regarding trade worldwideAll of the options are correctImplementation of trade-related rulesNext

The components of WTO areSelect one:a.Ministerial conferenceb.Disputes settlement bodyc.Director Generald.All of the above