One of the disadvantages of MFN treatment is: Countries that do not lower their tariffs nevertheless benefit,

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One of the disadvantages of MFN treatment is:

Countries that do not lower their tariffs nevertheless benefit, causing a "free rider" problem.

It is complex to apply by individual Member states.

It discourages further tariff concessions because government lose revenue

It gives the most advantages to large Member states and disadvantages smaller Member states.

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International Economics

ISBN: 9780357518915

18th Edition

Authors: Robert Carbaugh

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Posted Date: Jan 11, 2024 06:12 AM

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One of the disadvantages of MFN treatment is: Countries that do not lower their tariffs nevertheless benefit,

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International Economics

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