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Most Favored Nation Clause
A clause applying to members of WTO which states that any deal reached between WTO member countries extends to every other member as well.
Mercantilism
An economic theory and practice dominant in Europe from the 16th to the 18th century, advocating that a nation's prosperity depends upon its supply of capital, and that the global volume of international trade is "unchangeable."
David Hume
David Hume was an 18th-century Scottish philosopher, historian, economist, and essayist known for his influential contributions to empiricism, skepticism, and naturalism in philosophy.
Scottish Philosopher
An individual from Scotland who engages in the study of fundamental questions about existence, knowledge, values, reason, mind, and language.
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