Every time a WTO country lowers a trade barrier,it has to do the same for all other member countries.

Name: Every time a WTO country lowers a trade barrier,it has to do the same for all other member countries.
Brand: Quizplus
Rating: 4.8 (40 reviews)

Question

Quizplus · Accepted Answer

This principle is known as the Most-Favored-Nation (MFN) principle, which requires WTO members to treat all other members equally in trade. Therefore, if a WTO member lowers a trade barrier for one member, it must also do the same for all other members.

Every Time a WTO Country Lowers a Trade Barrier,it Has