Daffodil International University
Faculties and Departments => Business & Entrepreneurship => Business Administration => Topic started by: munna99185 on April 13, 2016, 02:18:33 PM
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A most favored nation clause is a level of status given to one country by another and enforced by the World Trade Organization. A country grants this clause to another nation if it is interested in increasing trade with that country. Countries achieving most favored nation status are given specific trade advantages such as reduced tariffs on imported goods.
[source: http://www.investopedia.com/terms/m/mostfavorednation.asp
Sayed Farrukh Ahmed
Assistant Professor
Faculty of Business & Economics
Daffodil International University
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thanks for sharing.
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Thanks for sharing.
Regards,
Showrav
Lecturer
Dept. of Business Administration
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Rational Post .......