Cryptic crossword clue
Nationalist involved in low ruse essentially traded exclusive rights

The most common and most likely answer to this crossword clue is the 8 letter word MONOPOLY

I've seen this crossword clue in Independent
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Buddy explains!

The straight part
We know that "exclusive rights" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case exclusive rights = monopoly.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does MONOPOLY mean?

MONOPOLY noun
  1. A situation, by legal privilege or other agreement, in which solely one party (company, cartel etc.) exclusively provides a particular product or service, dominating that market and generally exerting powerful control over it.
  2. An exclusive control over the trade or production of a commodity or service through exclusive possession.
  3. The privilege granting the exclusive right to exert such control.
  4. (metonymy) The market thus controlled.
  5. (metonymy) The holder (person, company or other) of such market domination in one of the above manners.

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