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reciprocity |
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reciprocityIn international trade, the granting of mutual concessions on tariffs, quotas, or other commercial restrictions. Reciprocity implies that these concessions are neither intended nor expected to be generalized to other countries with which the contracting parties have commercial treaties. Reciprocity agreements may be made between individual countries or groups of countries. Membership in the World Trade Organization to some extent precludes the signing of reciprocity treaties because WTO nations are obliged to grant most-favored-nation treatment to all other members. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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As counter-examples, there are numerous schools of Buddhism, some of which DO offer a type of heaven; and the Confucian ideal of reciprocity can easily be, and often has been, misinterpreted in the same way as Semitic religions. Here besides the law of retrospection, which regards all the past as a preparation for events that subsequently occur, the law of reciprocity comes in, confusing the whole matter. In society there were silly conversations lasting half a minute, cool acquaintanceships founded on such half-minutes, general reciprocity of suspicion, overcrowding, insufficient ventilation, bad music badly executed, late hours, unwholesome food, intoxicating liquors, jealous competition in useless expenditure, husband-hunting, flirting, dancing, theatres, and concerts. |
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