most favored nation

/M OW1 S T F EY0 V ER0 D N EY0 SH AH0 N/
noun
  1. 1

    A nation accorded a certain level of treatment in international trade. When a nation A is a most favored nation of another nation, B, then B undertakes not to treat A any less favorably (in terms of taxes, exports, etc.) than any of B's other most favored nations.

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Source: https://en.wiktionary.org/wiki/most%20favored%20nation