BOUND TARIFF RATE

Domain	Definition
Agriculture	The most-favored-nation tariff rate resulting from negotiations under the General Agreement on Tariffs and Trade (GATT) and incorporated as an integral component of a country's schedule of concessions or commitments to other WTO members. If a GATT contracting party raises a tariff to a higher level than its bound rate, the country or countries adversely affected have the right under GATT to retaliate against an equivalent value of the offending country's exports or to receive compensation, usually in the form of reduced tariffs on other products they export to the offending country. (references)
Source: compiled by the editor from various references; see credits.

Anagrams: BOUND TARIFF RATE

Scrabble® Enable2K-Verified Anagrams
	Words within the letters "a-a-b-d-e-f-f-i-n-o-r-r-t-t-u"
	-4 letters: retardation.
	-5 letters: aberration, arbitrated, breadfruit, infatuated, refutation, trabeation, turbinated.
Source: compiled by the editor from various references; see credits. SCRABBLE® is a registered trademark. All intellectual property rights in and to the game are owned in the U.S.A and Canada by Hasbro Inc., and throughout the rest of the world by J.W. Spear & Sons Limited of Maidenhead, Berkshire, England, a subsidiary of Mattel Inc. Mattel and Spear are not affiliated with Hasbro.