Linear Reduction of Tariffs

Definition

An agreement reached during international trade negotiations for an equal percentage reduction in tariffs assessed by all signatories participating in a round of negotiations. Also called across-the-board reduction of tariffs, equal percentage reduction of tariffs, horizontal reduction of tariffs.

Related Videos




http://www.businessdictionary.com/definition/Linear-Reduction-of-Tariffs.html

Today's Top Bulls

73% Bullish
(95 Votes)
70% Bullish
(70 Votes)
69% Bullish
(49 Votes)
Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z