Normal trade relations status granted to a member of the World Trade Organization means that the member will receive other members' most favorable treatment with regard to imports and exports.

Question

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Normal Trade Relations (NTR) status, also known as Most Favored Nation (MFN) status, means that countries agree to treat each other as well as they treat any other nation with regard to tariffs, trade barriers, and import quotas, ensuring the most favorable trade conditions among WTO members.

Normal Trade Relations Status Granted to a Member of the World