Tariff preference


 

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Tariff preference

A 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 Matches

Stepped preference shares

Stepped preference shares

Preference shares with dividends which increase annually by a specified amount and with a predetermined capital return.


Identical preferences

Identical preferences

The 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 variety

Preference for variety

The 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 share

Preference share

Preferred shares of a corporation that have first claim to preferred dividends.


Liquidity preference hypothesis

Liquidity preference hypothesis

The argument that greater liquidity is valuable, all else equal. Also, the theory that the forward rate exceeds expected future interest rates.


Further Suggestions

Community preferences
Preferences
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


 
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