If a nation has ________ status conferred on it, then exports from that country are taxed at the lowest negotiated tariff rates.
A) international-ally
B) no-child-labor
C) total-trade-guaranteed
D) most-favored-nation

Question

Quizplus · Accepted Answer

Most-favored-nation (MFN) status is a level of treatment accorded by one state to another in international trade. The term means the country which is the recipient of this treatment must nominally receive equal trade advantages as the most favored nation by the country granting such treatment. This includes, but is not limited to, low tariffs or high import quotas.

If a Nation Has ________ Status Conferred on It, Then