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Under the most-favoured-nation (MFN) principle of the WTO, a member country that grants a trade advantage to one member must:

Under the MFN principle, a WTO member giving a trade advantage, such as a lower tariff, to one member must extend it to all other members. This ensures non-discrimination among trading partners. Regional trade agreements are an exception, not the general rule.

  1. AGrant the same advantage to all other WTO membersCorrect
  2. BGrant it only to developing countries
  3. CObtain reciprocal concessions from every other member
  4. DLimit it to members within the same regional trade bloc

Explanation

MFN is a non-discrimination rule: a favourable treatment given to one member must be extended to all members. Regional trade agreements are a recognised exception, so option four describes an exception, not the rule itself.

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