English Explanatory Dictionary

most favored nation

English dictionary entry

Meanings

noun
  1. A nation accorded a certain level of treatment in international trade. When a nation A is a most favored nation of another nation, B, then B undertakes not to treat A any less favorably (in terms of taxes, exports, etc.) than any of B's other most favored nations.

Word forms

most favored nation most favored nations most favoured nation

Synonyms

MFN

Related words

normalised trade relations normalized trade relations normal trade relations trade trade relations
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