China As Most Favored Nation

Essay specific features

 

Issue:

History

 

Written by:

Richard S

 

Date added:

August 9, 2016

 

Level:

University

 

Grade:

C

 

No of pages / words:

13 / 3443

 

Was viewed:

7462 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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