Reciprocity
Reciprocity is a relationship between states or other taxing jurisdictions whereby privileges granted by one are returned by the other under a reciprocal agreement.
Definition Two:
Reciprocity is a system of the exchange of goods based on social ties.
Webster Dictionary Meaning
1. Reciprocity
- Mutual action and reaction.- Reciprocal advantages, obligations, or rights; reciprocation.
Category: HRM & Labor Studies, Sociology
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