What are normal trade relations?

Question

Social Studies

Timothy Bautista

1 September, 13:31

What are normal trade relations?

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Answers (2)

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Josue Mccoy · Answer 1

The status of permanent normal trade relations is a legal designation in the United States for free trade with a foreign nation. In the United States, the name was changed from most favored nation to PNTR in 1998. In international trade, MFN status is awarded by one nation to another.

Brielle · Answer 2

A treaty to create favorable trade terms between two nations.