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MFN Tariff |
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MFN Tariff A tariff applied to a country with most favored nation status. An MFN tariff is the lowest possible tariff a country can assess on another country. For example, if a country's lowest tariff is 2% of the value of a good, this is its MFN tariff, and it charges this percentage on an import from a country with most favored nation status. Members of the World Trade Organization are required to extend most favored nation status to other members, though exceptions exist. In the United States, most favored nation status is formally called permanent normal trade relations. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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No references found | The MFN tariff rates are taken from UNCTAD Handbook of Statistics (48) database: "Average applied import tariff rates on non-agricultural and non-fuel products. Tariff Cooperation over Free Trade under ({[PHI]}) Suppose each country employs a zero tariff until someone defects, in which case cooperation breaks down with countries switching to their MFN tariffs forever. As members of the World Trade Organization (WTO), each NAFTA country is generally required to apply its MFN tariffs to all other WTO members. |
MFN Tariff |
MFMD MFME MFMER MFMF MFMG MFMHKL MFMI MFMIS MFML MFMM MFMMA MFMN MFMP MFMPA MFMR MFMRD mfMRI MFMS MFMT MFMU MFMW MFMX MFN MFN MFN MFN Status MFN Tariff MFN TariffsMFNAB MFNBC MFNC MFNERC MFNH MFNLP MFNM MFNN MFNP MFNR MFNS MFNT MFNW MFO MFO MFOA MFOA MFOB MFOBAPW MFOC MFoCS MFOCU MFOE MFOFC MFOH | |||||||
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