| 单词 | MOST FAVORED NATION |
| 释义 | Non-discriminatory trade policy commitment offered reciprocally offered between two countries. Both countries set the lowest import duty and quota restrictions on each other’s imports as they do on similar imports from any other country. Under the General Agreement On Tariffs And Trade (GATT) and its successor, the World Trade Organization (WTO), Article 1 states that all signatory states must extend this treatment to each other. However, free trade areas, common markets, and customs unions are exempt from MFN provisions. |
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法律词典收录了41026条英汉双解法律词条，基本涵盖了常用法律英语单词及短语词组的翻译及用法，是法律学习的有利工具。