The Most Favored Nation (MFN) principle states that:
A) a country should grant its favorite trade partners easier access to its national market than it grants to less favored trade partners.
B) a country should grant every country the same trade privileges that it grants its most favored trade partner.
C) a country should grant another country precisely the same trade privileges that the other country grants it.
D) a country may not grant other countries the same privileges that it grants a country designated as its most favored trading partner.
Correct Answer:
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