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China As Most Favored Nation
Essay specific features
Written by:
Richard S
Date added:
August 9, 2016
Level:
University
Grade:
C
No of pages / words:
13 / 3443
Was viewed:
7458 times
Rating of current essay:
Essay content:
economy alone.
(+)Most-favored-nation trade status started in the United States as a version of the European preferential trade system. The Carter Administration first granted most-favored-nation trading status to China in 1980, following the historic efforts of President Nixon during the 1970's to restore diplomatic ties...
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Historically, a significant difference existed between the unconditional most-favored-nation clause in European trade law and the American version of conditional most-favored-nation. Under unconditional most-favored-nation status, one country's extension of tariff concessions guarantees the same concessions to all nations associated with it through commercial treaties...
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