What is the national treatment principle?
A) Increasing national power by managing the economy to create a trade surplus.
B) A principle of national self-sufficiency and economic independence.
C) Equal treatment for imported and local goods in a domestic market.
D) A principle enacted in some trade agreements requiring that if one participant extends any benefit to another,that participant must extend the same benefit to all.

Question

Quizplus · Accepted Answer

The national treatment principle mandates that imported goods should be treated no less favorably than domestically produced goods once they have entered the market. This means imposing the same taxes, regulations, and policies on both imported and local goods to ensure fair competition.

What Is the National Treatment Principle