Q. Less-than full reciprocity (LTFR) is a term associated with which of the following organizations?
Answer: World Trade Organization
Notes: Less than full reciprocity (LTFR) is a term used in World Trade Organization (WTO) negotiations. It refers to the principle of providing less-than-full reciprocity for trade concessions to developing countries. The Enabling Clause, adopted in 1979, allows developed countries to give differential and more favorable treatment to developing countries. This includes permitting trade discrimination to provide special and differential (S&D) treatment to developing countries.
The term LTFR is not explicitly mentioned in any WTO legal texts, but it was referenced in the Uruguay Round of trade negotiations.
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