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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Definitions:

Logistical Function

Tasks associated with procuring, manufacturing, and disseminating goods and products in correct volumes to a target user or end point.

Assorting

The process of selecting and grouping complementary products or items to offer for sale, aimed at maximizing sales and customer convenience.

Transporting

The movement of goods or individuals from one location to another through various modes of transportation such as trucks, trains, ships, or airplanes.

Rogerian Psychotherapy

A client-centered approach to therapy developed by Carl Rogers, emphasizing unconditional positive regard, empathy, and genuineness in the therapeutic relationship.