I think it is important, number one, that we have terminology that fits the facts, as the gentleman has said. What has been called MFN or most-favored-nation actually merely means normal trading relations. Toward the end of the conference both the gentleman from New York (Mr. Rangel) and I and Senator Roth and Senator Moynihan, on a bipartisan basis, agreed that it would be appropriate to do this, and to do it in this bill so it could get done and get in place. It changes no substance in the law.
Bill Archer: “I think it is important, number one, that we have terminology that fits the facts, as the gentleman has said. What has…”
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Discussing terminology related to trade relations during a conference.
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