Can I read Understanding Most Favoured Nation Principle on EtoBox?
Understanding Most Favoured Nation Principle by anusha1d1bhat is a document available to read on EtoBox.
What is Understanding Most Favoured Nation Principle about?
The Most Favored Nation (MFN) principle is a fundamental WTO principle that requires equal treatment of like products from all trading partners. It prohibits discrimination between countries. There are two types of discrimination - de jure (explicit) and de facto (implicit). The GATT agreement extends MFN treatment to customs duties, charges, rules and other measures related to trade in goods. Exceptions to MFN include regional trade agreements, preferential treatment for developing countries, and measures
- Author
- anusha1d1bhat
- Language
- EN