If Japan receives the most favorable treatment for imports and exports with other countries, Japan will be said to have a(n) ___________ status.
A) international
B) outsourced
C) greenfield venture
D) most favored nation

Question

Quizplus · Accepted Answer

A country that receives the most favorable treatment for imports and exports with other countries is said to have a most favored nation (MFN) status. This means that the country will receive the lowest possible tariffs or trade barriers that other countries offer. Japan is known for having many bilateral and multilateral trade agreements that grant it MFN status with various countries.

If Japan Receives the Most Favorable Treatment for Imports and Exports