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Consider the following statements regarding the "Most Favoured Nation (MFl'J)" principle of the World Trade Organisation (WTO):
  1. It is a principle of non-discriminatory trade.
  2. A member country can grant more favours to any Most Favoured Nation.
  3. Free Trade Agreements have been exempted from the MFN principle.
Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    1 and 3 only
  • c)
    2 only
  • d)
    2 and 3 only
Correct answer is option 'B'. Can you explain this answer?
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Consider the following statements regarding the "Most Favoured Nation (MFlJ)" principle of the World Trade Organisation (WTO): It is a principle of non-discriminatory trade. A member country can grant more favours to any Most Favoured Nation. Free Trade Agreements have been exempted from the MFN principle.Which of the statements given above is/are correct?a)1 onlyb)1 and 3 onlyc)2 onlyd)2 and 3 onlyCorrect answer is option 'B'. Can you explain this answer?
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Consider the following statements regarding the "Most Favoured Nation (MFlJ)" principle of the World Trade Organisation (WTO): It is a principle of non-discriminatory trade. A member country can grant more favours to any Most Favoured Nation. Free Trade Agreements have been exempted from the MFN principle.Which of the statements given above is/are correct?a)1 onlyb)1 and 3 onlyc)2 onlyd)2 and 3 onlyCorrect answer is option 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements regarding the "Most Favoured Nation (MFlJ)" principle of the World Trade Organisation (WTO): It is a principle of non-discriminatory trade. A member country can grant more favours to any Most Favoured Nation. Free Trade Agreements have been exempted from the MFN principle.Which of the statements given above is/are correct?a)1 onlyb)1 and 3 onlyc)2 onlyd)2 and 3 onlyCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding the "Most Favoured Nation (MFlJ)" principle of the World Trade Organisation (WTO): It is a principle of non-discriminatory trade. A member country can grant more favours to any Most Favoured Nation. Free Trade Agreements have been exempted from the MFN principle.Which of the statements given above is/are correct?a)1 onlyb)1 and 3 onlyc)2 onlyd)2 and 3 onlyCorrect answer is option 'B'. Can you explain this answer?.
Solutions for Consider the following statements regarding the "Most Favoured Nation (MFlJ)" principle of the World Trade Organisation (WTO): It is a principle of non-discriminatory trade. A member country can grant more favours to any Most Favoured Nation. Free Trade Agreements have been exempted from the MFN principle.Which of the statements given above is/are correct?a)1 onlyb)1 and 3 onlyc)2 onlyd)2 and 3 onlyCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
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