Special safeguard mechanism SSM as under WTO relates to ........

Economic Affairs World Trade Organsiation (WTO)

Special safeguard mechanism (SSM) as under WTO relates to

Governments recognizing other countries’ measures as acceptable even if they are different from their own, so long as an equivalent level of protection is provided

Support for farmers that is not linked to prices or production

Licensing companies or individuals other than the patent owner to use the rights of the patent

Allowing developing countries to raise tariffs temporarily to deal with import surges or price falls

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Explanation:

WTO’s Special Safeguard Mechanism (SSM) is a protection measure allowed for developing countries to take contingency restrictions against agricultural imports that are causing injuries to domestic farmers. The contingency measure is imposition of tariff if the import surge causes welfare loss to the domestic poor farmers. The design and use of the SSM is an area of conflict under the WTO. At the Doha Ministerial Conference, the developing countries were given a concession to adopt a Special Safeguard Mechanism (SSM) besides the existing safeguards (like the Special Agricultural Safeguard or the SSG). This SSM constituted an important part of the promises offered to the developing world at Doha (known as Doha Development Agenda) and the Doha MC became known as a development round. The SSG was available to all countries- both developing and developed whereas the SSM is allowable only to the developing countries.