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| − | Most favored nation (MFN) is a trade status given by one nation to another that is the most favored trade status. In other words, a nation with MFN status receives the best treatment possible in trade. An MFN receives the lowest tariffs and is not disadvantaged in any way. | + | '''Most favored nation''' (MFN) is a [[trade]] status given by one [[nation]] to another that is the most favored trade status. In other words, a nation with MFN status receives the best treatment possible in trade. An MFN receives the lowest [[tariff]]s and is not disadvantaged in any way. |
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| − | In the United States, MFN status is also called normal trade relations. | + | In the [[United States]], MFN status is also called normal trade relations. |
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| − | The members of the World Trade Organization, which include all developed nations, accord each other most favored nation status. | + | The members of the [[World Trade Organization]], which include all developed nations, accord each other most favored nation status. |
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| | + | ==References== |
| | + | <references/> |
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| | + | [[Category:Trade]] |