Article I of the General Agreement on Tariffs and Trade (GATT) requires members to accord each other most-favored-nation (MFN) status, which prohibits members from giving more favorable tariff treatment to some trading partners but not others, with exceptions for certain FTAs or unilateral concessions for developing countries.

Authors

• Person: Not available Organization: EveryCRSReport.com
  International Trade Agreements and U.S. Tariff Laws
• Person: Not available Organization: Wilson Center
  Chapter 3: Trade Agreements and Economic Theory | Wilson Center

Sources

• International Trade Agreements and U.S. Tariff Laws www.everycrsreport.com EveryCRSReport.com via serper
• Chapter 3: Trade Agreements and Economic Theory | Wilson Center www.wilsoncenter.org Wilson Center via serper

Referenced by nodes (4)

• tariff concept
• General Agreement on Tariffs and Trade concept
• Free Trade Agreements concept
• most-favoured-nation clause concept