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Origin of most-favored-nation
Words nearby most-favored-nation
Example sentences from the Web for most-favored-nation
Great Britain has commercial treaties on the most-favored-nation basis with Switzerland and Greece.
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
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.