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Author Question: The GATT principle of nondiscrimination that called for all foreign goods to be treated equally with ... (Read 79 times)

geoffrey

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on: Sep 3, 2018
The GATT principle of nondiscrimination that called for all foreign goods to be treated equally with domestic goods, and that countries are not able to enact policies, such as taxes, to give their products an advantage over foreign products is called _____.
 
  a. national treatment
  b. most-favored nation status
  c. transparency
  d. liberalization

Question 2

According to the most-favored-nation (MFN) principle,
 
  a. states cannot rely on comparative advantage in their trade policies.
  b. goods produced at home are treated the same for import and export agreements.
  c. tariff preferences granted to one state must be granted to all others exporting the same product.
  d. import quotas can be used to regulate trade, but export quotas cannot be used.


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morganmarie791

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Reply #1 on: Sep 3, 2018
Answer to Question 1

a

Answer to Question 2

c


geoffrey

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Reply #2 on: Sep 3, 2018
Thanks


morganmarie791

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Reply #3 on: Sep 3, 2018
Welcome :)


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