reciprocity


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Related to reciprocity: Reciprocity law, Reciprocity theorem

Balance of Concessions

An agreement in which one country reduces tariffs on its imports from another country in exchange for an equivalent, or at least similar, reduction from the second country. The balance of concessions is intended to stimulate international commerce between the two countries. It is also called reciprocity or simply a concession.

reciprocity

A mutual agreement to accept another's judgment on a matter.Some states offer reciprocity of real estate licensing,so that an agent or broker licensed in one state may become licensed in another without meeting the minimum education,testing,or apprenticeship requirements.

References in periodicals archive ?
The statewide reciprocity program, titled "My Y, Your Y", provides Y members with access to over 50 participating YMCAs throughout New Jersey.
In an interview with NPR, Cialdini cited a study that highlighted the role of reciprocity in tipping behavior.
The CLAIM Act advances uniformity, reciprocity and consumer protections for claims adjusting across state lines.
Prozanski introduced a successful amendment that would require that the state only grant reciprocity to licensees from states with standards that at least equal to Oregon's requirements.
The Reciprocity Advantage: A New Way to Partner for Innovation and Growth
Implementing agency : Rural Municipality of Reciprocity No.
Chairman PTI said it was shameful how Pakistan's mainstream political leaders were treated by countries like Canada and the USA and it was time to show reciprocity and mete out similar treatment to US and Canadian legislators and officials seeking to visit Pakistan.
Therefore, this paper introduces the concept of reciprocity preference that means project-based organizations would exhibit motivation for fairness and reciprocity, thus considering others' benefit when pursuing their own benefit (7).
Damascus, (SANA) -- Based on the principle of reciprocity, the Transport Ministry issued a decision on Tuesday prohibiting the entry of all types of Saudi vehicles into Syria.
Informal Institutions and Citizenship in Rural Africa: Risk and Reciprocity in Ghana and Cote d'Ivoire.
BRUSSELS, Sept 12 (KUNA) -- Reciprocity rules enabling the EU to reimpose visa requirements for nationals of countries that still impose them on EU citizens were adopted by the European Parliament on Thursday.
In 2000, the ABA issued an opinion suggesting that every state adopt reciprocity without conditions (provided one has three years of practice and background checks.