preferentialism


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pref·er·en·tial

 (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
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References in periodicals archive ?
This sort of ideological preferentialism is in serious tension with the Tocquevillian idea that private associations play a critical role in implementing American democracy.
This article explores the origins of PTAs and their rationale, the costs of preferentialism, the reasons for stasis in the WTO's negotiating functions, and a possible way forward for attaining greater coherence between the WTO and PTAs.
We are not sure whether Haybron would happily embrace this implication, which certainly deviates from many prominent accounts of welfare, in particular subjectivist accounts such as hedonism and preferentialism.