most-favoured-nation tariffs -

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• Most favoured nation — In international economic relations and international politics, most favoured nation (MFN) is a status or level of treatment accorded by one state to another in international trade. The term means the country which is the recipient of this… …   Wikipedia

• most-favoured-nation treatment — Guarantee of same trading opportunities (i.e., tariff concessions) already granted to the most favoured nation (MFN). It is a method of establishing equal trading opportunities among states by making originally bilateral agreements multilateral.… …   Universalium

• most-favoured-nation clause — A clause in a trade agreement between two countries stating that each will accord to the other the same treatment as regards tariffs and quotas as they extend to the most favoured nation with which each trades. Both the World Trade Organization… …   Big dictionary of business and management

• General Agreement on Tariffs and Trade — an international organization formed in 1948 to establish common rules governing tariffs and to eliminate restrictive trade practices. Abbr.: GATT * * * ▪ international relations       set of multilateral trade agreements aimed at the abolition… …   Universalium

• international relations — a branch of political science dealing with the relations between nations. [1970 75] * * * Study of the relations of states with each other and with international organizations and certain subnational entities (e.g., bureaucracies and political… …   Universalium

• United States — a republic in the N Western Hemisphere comprising 48 conterminous states, the District of Columbia, and Alaska in North America, and Hawaii in the N Pacific. 267,954,767; conterminous United States, 3,022,387 sq. mi. (7,827,982 sq. km); with… …   Universalium

• international trade — Introduction       economic transactions that are made between countries. Among the items commonly traded are consumer goods, such as television sets and clothing; capital goods, such as machinery; and raw materials and food. Other transactions… …   Universalium

• Canada — /kan euh deuh/, n. a nation in N North America: a member of the Commonwealth of Nations. 29,123,194; 3,690,410 sq. mi. (9,558,160 sq. km). Cap.: Ottawa. * * * Canada Introduction Canada Background: A land of vast distances and rich natural… …   Universalium

• cañada — /keuhn yah deuh, yad euh/, n. Chiefly Western U.S. 1. a dry riverbed. 2. a small, deep canyon. [1840 50; < Sp, equiv. to cañ(a) CANE + ada n. suffix] * * * Canada Introduction Canada Background: A land of vast distances and rich natural resources …   Universalium

• trade agreement — Any contractual arrangement between states concerning their trade relations. Trade agreements may be bilateral or multilateral, that is, between two states or more than two. For most countries international trade is regulated by unilateral… …   Universalium

• china — /chuy neuh/, n. 1. a translucent ceramic material, biscuit fired at a high temperature, its glaze fired at a low temperature. 2. any porcelain ware. 3. plates, cups, saucers, etc., collectively. 4. figurines made of porcelain or ceramic material …   Universalium