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| Definition Of: |
Initial Negotiating Right
A right held by one GATT country to seek compensation for an impairment of
a given bound tariff rate by another GATT country. INRs stem from past
negotiating concessions and allow the INR holder to seek compensation for
an impairment of tariff concessions regardless of its status as a supplier
of the product in question.
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2K Group Shipping Dictionary INDEX:
List of Terms: Terms beginning with "A", Page 1 |
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Page Number:
1 2 A: Page 1 of 2.
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