Q. Most-Favoured-Nations (MFN) clause under GATT implies which of the following statements?
Answer: Most favour to some countries
Notes: A most-favored-nation (MFN) clause requires a country to provide any concessions, privileges, or immunities granted to one nation in a trade agreement to all other World Trade Organization member countries. Although its name implies favoritism toward another nation, it denotes the equal treatment of all countries.

This question is part of 40000+ MCQs GKToday PCS Mock Tests Series in GKToday Android app. Question Number: 43 in GKToday PCS Mock Test - 181 in above course in App.