When one country provides most favored nation status... - Solved MCQs & Answer

4309EconomicsMedium

When one country provides most favored nation status (normal trade relations) for another, it agrees to?

Acharge that nation’s products a tariff rate no higher than that on any other nation

Bcharge the nation’s products a lower tariff than any other nation’s

Cexports to that nation any products that it wants to purchase

Dcharge that nation’s products a higher tariff than any other nation’s

Correct answer

A. charge that nation’s products a tariff rate no higher than that on any other nation

Explanation

The correct answer is charge that nation’s products a tariff rate no higher than that on any other nation.

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