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Q:

The  Most  Favoured  Nation  (MFN)  Clause under   WTO   regimeis   based   on   the principle of 

A) non-discrimination between nations B) discrimination between nations
C) differential  treatment  between  locals and foreigners D) uniform tariff across commodities

Answer:   A) non-discrimination between nations



Explanation:

In   Most-favoured-nation countries cannot normally discriminate between their trading partners.

Subject: General Awareness
Exam Prep: Bank Exams
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