Practicing Success
The status of the “Most Favoured Nation” (MFN) is granted in which kind of trade ? |
Unilateral trade Bilateral trade Multilateral trade None of the above |
Multilateral trade |
Multi-lateral trade is conducted with many trading countries. The same country can trade with a number of other countries. The country may also grant the status of the “Most Favoured Nation” (MFN) on some of the trading partners. |