What does a most-favored-nation (mfn) status mean? a country pays the same tariffs as those paid by all mfn countries. a country has a special exemption from all tariffs in the united states. a country has special licensing agreements with u. s. corporations. a country is exempt from product standards that make it expensive for goods to be imported.
A country pays the same tariffs as those paid by all MFN countries.
Most Favored Nation status is an economic position in which a country enjoys the best trade terms given by its trading partner. That means it receives the lowest tariffs, the fewest trade barriers, and the highest import quotas (or none at all).
I got this from google, hope it helps! :)