Most Favored Nation (MFN) vs. National Treatment

Two flags

Most Favored Nation (MFN) and National Treatment are two important concepts in international trade that play a significant role in shaping trade policies and promoting fair competition among nations. Understanding the basics of MFN and National Treatment is crucial for policymakers, economists, and businesses to navigate the complexities of global trade. The implications of MFN … Read more

What is the Difference between a Trade Deficit and Trade Surplus?

Two scales

Trade deficit and trade surplus are both important aspects of international trade that can have significant implications for domestic economies. In this article, we will delve into the basics of trade deficit and trade surplus, explore their key differences, analyze their implications on domestic economies, and assess the causes behind them. We will also examine … Read more