Balance Of Concessions

Balance of concessions in Global Commerce Policy

In this regard, balance of concessions is: a judgement WTO members make in the course of negotiations and on their conclusion about the relative value of what they sought and were given. They usually try to ensure that the two are about equal. See also balance of advantages.[1]

Balance of concessionsin the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

Resources

Notes and References

1. Dictionary of Trade Policy, “Balance of concessions” entry (OAS)

See Also