The Effect of the United States' Granting Most Favored Nation Status to Vietnam
Emiko Fukase · Will Martin
Jan 1999 · World Bank Publications
I-Ebook
25
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If the United States grants Vietnam most favored nation status, both countries would benefit. Vietnamese exports to the United States would more than double, and Vietnam would gain substantial welfare benefits from improved market access and increased availability of imports. For the United States, lowering the current high tariff against Vietnam would improve welfare by reducing costly diversion away from Vietnamese products.
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