What is the "most favored nation" principle of the WTO?

a. Trading partners may choose a favorite nation to trade with.
b. Any nation can refuse to trade with another that is not its most favored nation.
c. The WTO has the right to choose the nation that has performed best within the WTO guidelines as its most favored nation.
d. Every nation must grant the same rights and treatment to other nations in the WTO as its "most favored nation."


Ans: d. Every nation must grant the same rights and treatment to other nations in the WTO as its "most favored nation."

Economics

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Variable cost changes as the time period under consideration changes.

Answer the following statement true (T) or false (F)

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Studies have shown significant spending changes arise from interest rate changes after

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Economics