Pronunciation: /ɛm ɛf ɛn/
noun acronym for 'Most Favored Nation', a status given to a country in international trade agreements
A1 MFN stands for Most Favored Nation.
A2 Countries that have MFN status with each other agree to treat each other equally in terms of trade.
B1 The trade agreement includes an MFN clause to ensure fair treatment among all participating countries.
B2 The MFN principle is a key aspect of international trade agreements to promote non-discriminatory trade practices.
C1 Negotiations are ongoing to expand the scope of MFN agreements to cover a wider range of goods and services.
C2 The MFN status has been a contentious issue in recent trade talks, with some countries seeking to renegotiate terms for better market access.
adjective describing the status of a country in international trade agreements
A1 MFN stands for most favored nation.
A2 The MFN status allows countries to receive equal trade benefits.
B1 The MFN clause in the trade agreement ensures fair treatment for all parties.
B2 Countries with MFN status enjoy lower tariffs and better market access.
C1 The MFN principle promotes non-discrimination in international trade.
C2 MFN treatment is a key principle of the World Trade Organization.
formal The Most Favored Nation (MFN) status allows countries to receive equal trade treatment.
informal Hey, did you hear about that new MFN trade agreement?
slang MFN status is like getting VIP treatment in the trading world.
figurative Being granted MFN status is like being welcomed into an exclusive club.
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