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Sectoral reciprocity - How To Discuss

By Ava Lawson |

Sectoral reciprocity,

Definition of Sectoral reciprocity:

  1. An agreement between two countries that reduces or eliminates trade barriers for certain categories of goods. For example, country A may agree to eliminate tariffs on textile imports from country B if country B agrees to eliminate tariffs on agricultural imports from country A.

Meaning of Sectoral reciprocity & Sectoral reciprocity Definition