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Bible Encyclopedias
Reciprocity
The Nuttall Encyclopedia
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A term used in economics to describe commercial treaties entered into by two countries, by which it is agreed that, while a strictly protective tariff is maintained as regards other countries, certain articles shall be allowed to pass between the two contracting countries free of or with only light duties; this is the cardinal principle of Fair Trade, and is so far opposed to Free Trade.
Copyright Statement
Public Domain.
Public Domain.
Bibliography Information
Wood, James, ed. Entry for 'Reciprocity'. The Nuttall Encyclopedia. https://www.studylight.org/encyclopedias/eng/nut/r/reciprocity.html. Frederick Warne & Co Ltd. London. 1900.
Wood, James, ed. Entry for 'Reciprocity'. The Nuttall Encyclopedia. https://www.studylight.org/encyclopedias/eng/nut/r/reciprocity.html. Frederick Warne & Co Ltd. London. 1900.
