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Management · Q29

Foreign Trade Policy

Graduate and Post Graduate · Management · question 29

Q29

The effect of the most favoured nation (normal trade relations) clause is to

A.
eliminate all tariffs between countries
B.
increase all tariff rates between countries
C.
maintain a non-discriminatory structure of tariffs
Answer
D.
maintain a discriminatory structure of tariffs

Answer: Option C

Solution

Answer: Option C
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