What is the meaning of most favoured nation?
A) Most favoured nation is the nation that receives most exports from another economy
B) Most favoured nation is the nation that is allowed to acquire most businesses in another country in any given year.
C) Most favoured nation is rule under the WTO which requires members to lower or remove their trade barriers.
D) Most favoured nation is a title given to the country that wins most trade disputes with the WTO.
Correct Answer:
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