most favored nation

English

Alternative forms

most favoured nation

Noun

most favored nation (plural most favored nations)

(trade, diplomacy) 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.

Synonyms

MFN

Coordinate terms

permanent normalised trade relations
permanent normalized trade relations
permanent normal trade relations
PNTR

Translations

most favored nation

Hungarian: a legnagyobb kedvezmény elve
Korean: 최혜국 (choehyeguk)
Polish: klauzula największego uprzywilejowania f (lit. the clause of the most favored)
Swedish: mest-gynnad-nation

See also

normalised trade relations
normalized trade relations
normal trade relations
trade
trade relations

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