(Answered) Tariffs must be equal among all nations within the WTO, with no discrimination against any one…

➤ How do bound tariffs and applied tariffs differ under the WTO?
Bound tariffs are the maximum rates a country commits in its WTO schedule. Applied tariffs are the actual rates charged at the border and can be lower. MFN limits discrimination among members for like products, but applied rates vary by country and product within the bounds and by any permitted preferential agreements.