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Which of the following is not true? a. The most favoured nation (MFN) tariff is the rate that applies to WTO members and the majority

Which of the following is not true?

a.

The most favoured nation (MFN) tariff is the rate that applies to WTO members and the majority of Canada's trading partners.

b.

Canada may apply tariff rates to imports from non-NAFTA countries similar to those extended to NAFTA members.

c.

The general preferential tariff is higher than the most favoured nation rate, and is extended to developing countries.

d.

A preferential tariff is a tariff rate that applies to imports from countries with which Canada has a trade agreement.

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