„Reverse Preferences“
What does Reverse Preferences stand for?
Tariff advantages offered by developing countries to imports from certain developed countries that had granted them trade preferences in the past .(This practice has generally ceased) .
Source:
Trade Agreements and PoliciesView all itemsKrueger, A.O. (1995). Free Trade Agreements versus Customs Unions. Journal of Development Economics, 54(1), pp.169-187.
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