Meaning of most favored nation | Babel Free
Definitions
A nation accorded a certain level of treatment in international trade. When a nation A is a most favored nation of another nation, B, then B undertakes not to treat A any less favorably (in terms of taxes, exports, etc.) than any of B's other most favored nations.
CEFR level
C1
Advanced
This word is part of the CEFR C1 vocabulary — advanced level.
This word is part of the CEFR C1 vocabulary — advanced level.
See also
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