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What are Normal Trade Relations?

Updated: 12/17/2022
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14y ago

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The designation of a country with which beneficial trade status (lower tariffs, limited restrictions) has been declared. The status Permanent Normal Trade Relations (PNTR) was created in 1998 to replace the former title of Most Favored nation (MFN).

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What are the normal trade relations?

Normal trade relations refer to the standard trading terms and conditions between countries without any special trade agreements or tariffs in place. It allows for trade to flow freely between countries based on existing World Trade Organization rules and agreements.


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What effect did nixons visit have on relations between china and the US according to zhou enlai?

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