If a nation has most-favored-nation status conferred on it, then exports from that country
A) will be priced higher than products exported from countries without most-favored-nation status.
B) are exempt from all safety regulations.
C) are sold below cost.
D) are taxed at the lowest negotiated tariff rates.

Question

Quizplus · Accepted Answer

Most-favored-nation status means that a country's exports are taxed at the lowest negotiated tariff rates, making trade more favorable for that country compared to those without such status.

If a Nation Has Most-Favored-Nation Status Conferred on It, Then