**When a country grants another country MFN (Most Favored Nations) status in mutual trade, it implies:**
A. Providing same trade concessions as are being given to other countries without any discrimination
B. Trade will be through exchange of commodities rather than foreign exchange
C. Imports and Exports payments will be in local currencies only
D. None of these
Q15: Current Affairs MCQ 2005
**When a country grants another country MFN (Most Favored Nations) status in mutual trade, it implies:**A. Providing same trade concessions as are being given to other countries without any discriminationB. Trade will be through exchange of commodities rather than foreign exchangeC. Imports and Exports payments will be in local currencies onlyD. None of these Show…