Word: mfn
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Dates: during 1972-1972
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...President has the authority to execute on his own all parts of the trade agreement except one. Most-favored-nation status can be granted only by Congress, and therein hangs a potentially serious threat. No fewer than 76 Senators have gone on record as opposing MFN as long as Soviet officials continue trying to halt the swelling exodus of their Jewish citizens by charging exorbitant exit fees. The Soviets have privately recognized Nixon's lack of full power over the matter, and may be willing to loosen up on some restrictions in order to ensure clearance of the final...