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IT
Question Practice

What is meant by 'Most Favoured Nation' (MFN) status in trade?

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MCQ_SA
CBSE
Class 12
Geography
Fundamentals of Human Geography
International Trade
Question Bank

What is meant by 'Most Favoure...

Single Answer MCQ
Q-00087688

What is meant by 'Most Favoured Nation' (MFN) status in trade?

1

A country is exempt from trade tariffs.

2

A country receives the same trading advantages as the best trading partner.

3

A country is restricted from trading with others.

4

A country must only trade with developed nations.

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