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31 July, 17:39

Which of the following allowed Congress to grant Most Favored Nation status to U. S. trading partners?

World Trade Agreement Act

Reciprocal Trade Agreement Act

North American Free Trade Agreement Act

National Trading Partner Act

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  1. 31 July, 18:08
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    The answer is the Reciprocal Trade Agreement Act. The Congress allowed to Most Favored Nation status to US trading partners is the Reciprocal Trade Agreement Act. The Reciprocal Trade Agreement Act is passed in 1934, the act gave President Franklin D. Roosevelt the power to negotiate bilateral trade agreements without receiving prior congressional approval and the authority to adjust tariff rates.
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