The term Special Safeguard Mechanism SSM is often used in the context of the World Trade Organizatio...........

Economic Affairs World Trade Organsiation (WTO)

The term Special Safeguard Mechanism (SSM) is often used in the context of the World Trade Organization (WTO). What do you mean by SSM?

It is a tool that allows the developed as well as the developing countries to raise the tariffs temporarily to deal with surges in agricultural imports

It is a tool that allows the developed as well as the developing countries to raise the tariffs temporarily to deal with surges in all kinds of imports

It is a tool that allows the developing countries to raise the tariffs temporarily to deal with surges in agricultural imports

It is a tool that allows the developing countries to raise the tariffs temporarily to deal with surges in all kinds of imports

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Explanation:

Special Safeguard Mechanism (SSM) is a tool that allows the developing countries to lower the tariffs temporarily to deal with surges in agricultural imports.

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).