Answered

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

Verified Answer :

W0lf93

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.

Answer: 2nd obe

Explanation:

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