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most favored nation clause

MOHST FAY-verd NAY-shun KLAWZ

moʊst ˈfeɪvərd ˈneɪʃən klɔːz

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Syllable breakdown

mostfavorednationclause

Dictionary meaning

a WTO principle requiring that any trade advantage, privilege, or immunity granted by one member country to another must be extended immediately and unconditionally to all other WTO members; prevents discriminatory bilateral trade preferences

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