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Author Question: Under the WTO's 'most favoured nation' clause (Read 50 times)

Mr. Wonderful

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on: May 25, 2020

Question 1

The international agreement signed by 23 countries in 1947 to promote the liberalisation of foreign trade was known as
◦ WTO.
◦ IMF.
◦ UNESCO.
◦ GATT.

Question 2

Under the WTO's 'most favoured nation' clause
◦ exports from favoured nations will be subject to lower tariffs than from other nations.
◦ any trade concession that a country makes to one member must be granted to all signatories.
◦ a country that receives a trade concession from another is then entitled to receive the same concession from all other signatories.
◦ countries can make special deals with other countries provided that they are agreed with the WTO.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by Mr. Wonderful on May 25, 2020

EAN94

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Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Mr. Wonderful

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Reply 2 on: May 25, 2020
Thanks for the timely response, appreciate it

covalentbond

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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