An important principle of GATT and WTO is the Most-Favoured-Nation (MFN) treatment, which means:

CA Foundation · Business Economics · RTP · September 2026
An important principle of GATT and WTO is the Most-Favoured-Nation (MFN) treatment, which means:
(A) (A) Preferential tariffs for select partners only
(B) (B) Equal trade advantages given to all members
(C) (C) National treatment for domestic goods only
(D) (D) Exclusive bilateral treaties outside WTO

Suggested Answer and Working Notes:

Correct Answer: Option (B)

Correct Option: (B)

Topics: International Trade

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