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TeachMeFinance.com - explain Cargo preference Cargo preference The term 'Cargo preference ' as it applies to the area of agriculture can be defined as ' The Cargo Preference Act (P.L. 83-664) requires that whenever the federal government pays for equipment, material, or commodities shipped to other countries, a minimum percentage of the gross tonnage shipped by sea must go by U.S. flag vessels. Cargo preference requirements have been an issue in U.S. international food aid and export subsidy programs'. Previous 5 Terms: cardioid cardiolith cardiology Care Plan Caregiver Next 5 Terms: Cargo Preference Act Caribbean Basin Economic Recovery Act of 1983 (CBERA) Caribbean Basin Initiative (CBI) caricology caricous About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.