reciprocal trade agreement

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• reciprocal trade — reciprocal trade, an arrangement between countries to reduce or do away with tariffs, duties, or import quotas, in trading with each other; a most favored nation trade agreement …   Useful english dictionary

• trade agreement — Any contractual arrangement between states concerning their trade relations. Trade agreements may be bilateral or multilateral, that is, between two states or more than two. For most countries international trade is regulated by unilateral… …   Universalium

• Trade — This article is about the economic mechanism. For other uses, see Trade (disambiguation). Purchase redirects here. For other uses, see Purchase (disambiguation) Trader in Germany, 16th century …   Wikipedia

• reciprocal — Given or owed mutually as between two persons; interchanged. Reciprocal obligations are those due from one person to another and vice versa. See also reciprocity reciprocal contract @ reciprocal dealing arrangement As included within prohibitions …   Black's law dictionary

• trade — The act or the business of buying and selling for money; traffic; barter. May v. Sloan, 101 U.S. 231, 25 L.Ed. 797. Purchase and sale of goods and services between businesses, states or nations. Trade is not a technical word and is ordinarily… …   Black's law dictionary

• Trade policy of the United States — United States trade policy has varied widely through various American historical and industrial periods. As a major developed nation, the U.S. has relied heavily on the import of raw materials and the export of finished goods. Because of the… …   Wikipedia

• Reciprocal Tariff Act — The Reciprocal Trade Agreements Act (enacted June 12, 1934, ch. 474, USStat|48|943, usc|19|1351) provided for the negotiation of tariff agreements between the united States and separate nations, particularly Latin American countries. [ The… …   Wikipedia

• reciprocal tariff, commerce, or navigation — A matter of stipulation by treaty or trade agreement between nations whereby the one agrees with the other and, in reverse, the other with the one, that either one of them shall have every advantage or favor in reference to customs duties,… …   Ballentine's law dictionary

• agreement — agree·ment n 1 a: the act or fact of agreeing by mutual agreement b: unity of opinion, understanding, or intent; esp: the mutual assent of contracting parties to the same terms if they reach agreement ◇ Under common law, agreement is a necessary… …   Law dictionary

• international trade — Introduction       economic transactions that are made between countries. Among the items commonly traded are consumer goods, such as television sets and clothing; capital goods, such as machinery; and raw materials and food. Other transactions… …   Universalium

• Cotonou Agreement — ACP States …   Wikipedia