Most-favoured nation treatment is
A) a document signed by representatives of many nations to express their acceptance of the principles set out in the document.
B) an agreement that a special arrangement such as a reduced tariff offered to one country in the interests of opening up a market must be offered to all other members.
C) an agreement that,once a good has entered a country,it must be treated as equivalent to a domestically-produced good of the same type for purposes of taxation and regulation.
D) the practice of discouraging both export subsidies and the dumping of products on foreign markets at below cost in order to gain market share.
E) an agreement that aims to reduce restrictions on international trade between two or more countries.
Correct Answer:
Verified
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