bound tariffs

{
  "id": "MLC-T-AGR-000883",
  "term": "bound tariffs",
  "field": "Agriculture and food",
  "definition": "The most-favored-nation tariff resulting from negotiations under the General Agreement on Tariffs and Trade (GATT) and incorporated as the integral component of a country's schedule of concessions; a commitment not to raise a tariff above a specified level.",
  "subject": "Economics, Trade, Law, Business, Industry",
  "see_also": [
    "tariffs"
  ],
  "references": [
    "NAL Agricultural Thesaurus and Glossary"
  ],
  "translations": {
    "es": "tarifas obligatorias"
  },
  "url": "https://mlchart.com/terminology/agriculture/bound-tariffs/"
}