A multi-column tariff is a tariff schedule that discriminates between the various trading partners. Tariff rates in the first column might be reserved for countries receiving only the general tariff rate and the second column may display the favoured nation (MFN) treatment….
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A clause in a loan agreement stating that more than one currency may be used in paying or redeeming the loan.
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A multidomestic strategy is an international marketing approach that chooses to focus advertising and commercial efforts on the needs of a local market rather than taking a more universal or global approach. This means that companies employing this marketing strategy will seek…
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A international agreement involving three or more parties. For example, the GATT (General Agreement o Tariffs and Trade) has been, since its establishments in 1947, seeking to promote trade liberalization through multilateral negotiations. See also bilateral trade agreement.
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Multilateral agreements are intergovernmental agreements aimed at expanding and liberalizing international trade under non-discriminatory, predictable and transparent conditions set out in an array of rights and obligations.
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