The WTO's principle of 'Most-Favoured-Nation' (MFN) treatment requires members to extend the same favorable trading terms granted to one member to all other WTO members.
- True
- False
Answer: True
MFN is a cornerstone of WTO rules (Article I of GATT). It means that any advantage, favor, privilege, or immunity granted by a member to any product originating in or destined for any other country must be extended immediately and unconditionally to like products from all WTO members.