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Most favored nation (view source)
Revision as of 23:20, February 21, 2021
, 23:20, February 21, 2021no edit summary
[[File:Trade-deficit.jpg|thumb|200px|right|Growth of the trade deficit, i.e. exfiltration of American wealth, since [[China]] was granted [[tariff]]-free [[Most Favored Nation]] trade status in 2002.]]
[[File:Trade-deficit.jpg|thumb|200px|right|Growth of the [[trade deficit]], i.e. exfiltration of American wealth, since [[China]] was granted [[tariff]]-free [[Most Favored Nation]] trade status in 2002.]]
'''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 or no[[tariff]]s 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 or no[[tariff]]s and is not disadvantaged in any way.