Ghosh, Madanmohan; Perroni, Carlo; Whalley, John - 2021
We discuss most favoured nation (MFN) treatment in trade agreements, suggesting that its value to individual countries … depends critically on the relevant model solution concept used to evaluate it. We analyze both rights to MFN treatment in … foreign markets, and the obligation to grant MFN treatment in home markets; the heart of the post-war GATT/WTO multilateral …