Most-Favoured Nation Treatment Is

question 138

Multiple Choice

Most-favoured nation treatment is

• A) a document signed by representatives of many nations to express their acceptance of the principles set out in the document.
• B) an agreement that a special arrangement such as a reduced tariff offered to one country in the interests of opening up a market must be offered to all other members.
• C) an agreement that,once a good has entered a country,it must be treated as equivalent to a domestically-produced good of the same type for purposes of taxation and regulation.
• D) the practice of discouraging both export subsidies and the dumping of products on foreign markets at below cost in order to gain market share.
• E) an agreement that aims to reduce restrictions on international trade between two or more countries.

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Definitions:

Integrating

The process of combining or coordinating separate elements to work together in a unified system.

Spank

A form of physical discipline involving hitting the buttocks, typically with an open hand, used by some as a punitive measure for children.

Discipline

A field of study or branch of knowledge, or the practice of training individuals to follow a specific code of behavior, often through correction and instruction.

Abuse

Harmful, injurious, or offensive treatment of a person or entity, which can be physical, emotional, sexual, or psychological.