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China As Most Favored Nation
Essay specific features
Written by:
Donna C
Date added:
August 29, 2013
Level:
University
Grade:
A
No of pages / words:
13 / 3406
Was viewed:
5722 times
Rating of current essay:
Essay content:
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. 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...
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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. American conditional most-favored-nation status provided treaty signatories only the opportunity to negotiate most-favored-nation status when most-favored-nation status was extended to another trading partner...
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