preferentialism


pref·er·en·tial

P0520000 (prĕf′ə-rĕn′shəl)adj.1. Of, relating to, or giving advantage or preference: preferential treatment.2. Manifesting or originating from partiality or preference: preferential tariff rates.
pref′er·en′tial·ism n.pref′er·en′tial·ist n.pref′er·en′tial·ly adv.

preferentialism

(ˌprɛfəˈrɛnʃəlɪzəm) n (Economics) old-fashioned the economic system of preference, esp amongst British commonwealth countries

preferentialism

the policy of giving preferential treatment in international trade. — preferentialist, n.See also: Trade