According to the most-favored-nation (MFN) principle,
A) states cannot rely on comparative advantage in their trade policies.
B) goods produced at home are treated the same for import and export agreements.
C) tariff preferences granted to one state must be granted to all others exporting the same product.
D) import quotas can be used to regulate trade, but export quotas cannot be used.
Correct Answer:
Verified
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