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单词 most-favored-nation
释义

most-favored-nation

[ mohst-fey-verd-ney-shuhn ]
/ ˈmoʊstˈfeɪ vərdˈneɪ ʃən /

adjective

of or relating to the status, treatment, terms, etc., that are embodied in or conferred by a most-favored-nation clause.

Origin of most-favored-nation

First recorded in 1750–60

Words nearby most-favored-nation

mossy horn, most, Mostaganem, Mostar, mostest, most-favored-nation, most-favored-nation clause, Most Honourable, mostly, Móstoles, Most Reverend
Dictionary.com UnabridgedBased on the Random House Unabridged Dictionary, © Random House, Inc. 2020

Example sentences from the Web for most-favored-nation

  • Great Britain has commercial treaties on the most-favored-nation basis with Switzerland and Greece.

    New York Times Current History: The European War, Vol. 8, Pt. 2, No. 1, July 1918|Various
  • I am happy to be able to announce to you that Russia now treats us on the most-favored-nation basis.

    State of the Union Addresses of Theodore Roosevelt|Theodore Roosevelt

Cultural definitions for most-favored-nation

most-favored-nation

Status in an international trading arrangement whereby agreements between two nations on tariffs are then extended to other nations. Every nation involved in such an arrangement will have most-favored-nation status. This policy is used, particularly by the United States, to lower tariffs, extend cooperative trading agreements, and protect nations from discriminatory treatment. Most-favored-nation agreements can also be used to apply economic pressure on nations by deliberately excluding them from international trade.

The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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更新时间:2024/12/23 17:25:08