| 释义 |
DictionarySeeconcessionMedicalSeereciprocityLegalSeeConcessionBalance of Concessions
Balance of ConcessionsAn agreement in which one country reduces tariffs on its imports from another country in exchange for an equivalent, or at least similar, reduction from the second country. The balance of concessions is intended to stimulate international commerce between the two countries. It is also called reciprocity or simply a concession. |