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margin of preference
1. The extent to which one person or group is given more favorable treatment than others. 2. The percentage by which particular imports from one country are subject to lower tariffs than the MFN rate, as in a preferential trading arrangement.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Economy
- Category: International economics
- Company: University of Michigan
- Product:
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