- A concession made to a foreign country in permitting an article shipped from such country to be received in this country upon the payment of a customs duty less than that charged upon the same article from another country or to be received duty free where the same article coming from another country is dutiable.
Ballentine's law dictionary. Anderson, W.S.. 1998.
Look at other dictionaries:
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preferential tariff — See tariff preference … Ballentine's law dictionary
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