A political favour? (7)

I believe the answer is:

rosette

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'favour?' is the definition.
('favour' historically meant a token of affection)

I don't understand the rest of the clue.

Can you help me to learn more?

(Other definitions for rosette that I've seen before include "Decorative ribbon" , "Horse show award" , "Flower-like badge" , "Cockade" , "Ribbon badge for prize-winner" .)

I've seen this clue in The Globe and Mail.

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