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What is MFN Terms in Global Trade Analysis about?
The working paper analyzes the significance of the Most-Favoured-Nation (MFN) principle in global trade, highlighting that over 80% of global merchandise trade occurs under MFN terms. It discusses the rise of bilateral and regional trade agreements that deviate from MFN, complicating the trade landscape, and utilizes a comprehensive dataset to assess trade flows and the impact of trade remedies. The research underscores the importance of the MFN principle in maintaining equitable trade conditions despite th
- Author
- pedroonofriouk
- Language
- EN