What is a 'Most Favored Nation Clause'?

[munna99185]

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

[Nusrat Nargis]

thanks for sharing.

[Showrav.Yazdani]

Thanks for sharing.
Regards,
Showrav
Lecturer
Dept. of Business Administration

[Nurul Mohammad Zayed]

Rational Post .......