MFN Stands for Most Favored Nation Status Under GATT

question 54

True/False

MFN stands for most favored nation status under GATT.

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Definitions:

Equation

A mathematical formulation where two expressions are set equal to each other, indicating a balance.

Expression

A combination of symbols and numbers that represents a particular quantity or operation, but does not include an equality sign.

Exponential Equation

An equation where the variable appears in the exponent, expressing the relationship between two quantities where one varies as a constant power of another.

Decimal Places

The count of numbers present after the decimal point in a decimal numeral.