互ご恵けい貿ぼう易えき

noun

reciprocal trade

Economic term referring to trade between countries where each side grants the other similar concessions or market access.

• 両りょう国こくは互ご恵けい貿ぼう易えき協きょう定ていを結むすんだ。

  The two countries concluded a reciprocal trade agreement.

• 互ご恵けい貿ぼう易えきの原げん則そくに基もとづいて関かん税ぜいが引ひき下さげられた。

  Tariffs were reduced based on the principle of reciprocal trade.