The most favored nation principle of the WTO means that a tariff concession granted by one member country to another member country will:
A) be extended to all other countries without exception.
B) be extended to all other countries that are WTO members.
C) be extended to all WTO member countries that make a similar concession.
D) be extended to those WTO member countries that the country making the concession designates.
E) None of the above
Correct Answer:
Verified
Q50: GATT was:
A) part of the International Monetary
Q51: From the late 1940s until the creation
Q52: Which of the following statements is false?
A)
Q53: A principle problem associated with GATT was
Q54: When using the most favored nation principle
Q56: Which of the following was not a
Q57: Which of the following was not an
Q58: The current round of multilateral trade negotiations
Q59: The WTO was established in which round
Q60: The General Agreement of Trade in Services
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