Under the General Agreement on Tariffs and Trade (GATT), the principle of trade without discrimination is embodied in the most favored nation clause.

Question

Quizplus · Accepted Answer

The most favored nation (MFN) clause states that any advantage, favor, privilege, or immunity given by one member country to any product originating in or destined for any other country will be extended immediately and unconditionally to the like product originating in or destined for all other member countries. This principle of non-discrimination is one of the key principles of the GATT.

Under the General Agreement on Tariffs and Trade (GATT), the Principle