|
|
Tariff preference |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Tariff preferenceA lower (or zero) tariff on a product from one country than is applied to imports from most countries. This violation of the MFN principle is permitted in special cases, including some preferential trade arrangements and the GSP.Similar MatchesStepped preference sharesStepped preference sharesPreference shares with dividends which increase annually by a specified amount and with a predetermined capital return. Identical preferencesIdentical preferencesThe assumption that individuals -- either within a country or in different countries -- have the same preferences. To be useful, since individuals' and countries' incomes may differ, the assumption is often used together with homothetic preferences. Preference for varietyPreference for varietyThe increased utility that people experience when they have access to a larger number of differentiated product varieties. In reality this may reflect their ability to find products more closely suited to their own particular needs, but as modeled in the Dixit-Stiglitz utility function, they are better off consuming small quantities of each of a larger number of products. Preference sharePreference sharePreferred shares of a corporation that have first claim to preferred dividends. Liquidity preference hypothesisLiquidity preference hypothesisThe argument that greater liquidity is valuable, all else equal. Also, the theory that the forward rate exceeds expected future interest rates. Further SuggestionsCommunity preferencesPreferences Generalized System of Preferences redeemable preference shares Weak axiom of revealed preference Involuntary liquidation preference Revealed preference Tax preference item Homothetic preferences Preference stock cumulative preference shares Loan Preference Principle preference shares participating preference shares |
|
|
|