WordNet-Online
Free dictionary and thesaurus of English. Definitions, synonyms, antonyms and more...
Hint: double-click any word to get it searched!

	Enter your search terms Submit search form
	Web www.wordnet-online.com

Definitions from WordNet

Definitions from the Web

Most-Favored-Nation

Description:

Most-Favored-Nation (MFN) is a term used in international trade to refer to a preferential trade agreement between countries. It signifies that one nation grants another nation the same favorable trade terms and conditions that it offers to its most favored trading partner.

Noun:

- In international trade, "most-favored-nation" is a status provided by a country to another country, granting them the same advantageous trade terms as its most preferred trading partner.

Sample Sentence:

• The countries established a most-favored-nation agreement, ensuring equal trade benefits for both parties.

Adjective:

- When used as an adjective, "most-favored-nation" refers to the preferred or privileged status granted to a specific country in terms of trade privileges.

Sample Sentence:

• The nation enjoyed the most-favored-nation status, allowing its products to enter the market without high tariffs.

Amazon Related Products:

• Most-Favored-Nation Trade Policies: History, Theory, and Empirical Evidence (Book)
• The Most-Favored-Nation Clause and the Regulation of International Trade (Book)
• Trade Policy Flexibility and Enforcement in the WTO: A Law and Economics Analysis of the 'Months of Uncertainty' (Book)