When a state gives another state most-favored-nation status, what does it entail?
A) A state only conducts trade with the states it has given most-favored-nation status.
B) A state applies its lowest tariff level to all states it has given most-favored-nation status.
C) A state only accepts currency from the states it has given most-favored-nation status.
D) A state has identified states with most-favored-nation status as strategically important.
Correct Answer:
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