In 1998,the foreign trade term most favored nation was changed to what?
A) normal trade relations
B) equity trading partner
C) commercial diplomacy
D) not unfavored nation
E) favored nation

Question

Quizplus · Accepted Answer

The term "most favored nation" was changed to "normal trade relations" in 1998. This change was made to promote fairness and equal treatment in trade relationships, as the old term implied preferential treatment for certain countries. The new term reflects a more neutral approach to trade relations.

In 1998,the Foreign Trade Term Most Favored Nation Was Changed