The __________ principle ensures each member country that it will not be forced to reduce tariffs unilaterally.
A) transparency
B) reciprocity
C) matrix escape
D) most favored nation

Question

Quizplus · Accepted Answer

The reciprocity principle in international trade agreements ensures that any concession (such as a tariff reduction) made by one country must be met with an equivalent concession by the other countries involved. This principle ensures that no country is forced to reduce tariffs unilaterally without receiving something in return.

The __________ Principle Ensures Each Member Country That It Will