To Help Developing Countries Expand Their Industrial Base,some Industrial Countries

question 140

Multiple Choice

To help developing countries expand their industrial base,some industrial countries have reduced tariffs on designated manufactured imports from developing countries below the levels applied to imports from industrial countries.This scheme is referred to as:

• A) Generalized system of preferences
• B) Export-led growth
• C) International commodity agreement
• D) Reciprocal trade agreement

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