Economic and legal aspects of the Most-Favored-Nation clause

  title={Economic and legal aspects of the Most-Favored-Nation clause},
  author={Henrik Horn and Petros C. Mavroidis},
The Most-Favored Nation clause (MFN) forbids Members of a trade agreement to discriminate between trading partners. It is typically seen as one of the main features of the multilateral trading system, and appears in several of the agreements in the World Trade Organization. There seems to be a rather widespread belief among policy makers that there are strong economic rationales for the MFN provision. The purpose of the Paper is to survey economic theory that may shed light on whether this view… CONTINUE READING


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