The Generalized System of Preferences (GSP) program allows ?

Trade Policies For the Developing Nations 30/06/2020

A. developing country export to advanced countries to receive preferential tariff treatment
B. developing country imports from advanced countries to receive preferential tariff treatment
C. any developing country to ignore the most-favored nation clause
D. any advanced country to ignore the most favored-nation clause

Related Mcqs:

    To stabilize the prices of primary products international commodity agreements have utilized all of the following except ?
    A. tariff-rate quotas applied to imported goods B. production and export controls C. buffer stocks D. multilateral contracts...
    Among the institutions and policies that have been created to support developing countries are?
    A. the world Bank B. the international Monetary Fund C. The Generalized System of Preferences D. All of the above...
    Concerning tariff policy, the United States does not charge?
    A. lower tariff rates on goods from nations with normal trade relation status B. lower tariff rates on goods from nations with most favored nation status C. low or zero tariffs on goods from certain developing countries D. identical tariff rates in products from all countries of the world...
    All of the following are trade problems of developing countries except?
    A. unstable export markets B. improving terms of trade C. limited access to the markets of industrial countries D. highly elastic demand curves for their products...
    Which of the following strategies have developing countries not used to deal with the problem of unstable export markets ?
    A. multilateral contracts B. production and export controls C. buffer stock arrangements D. tariff-rates quotas...

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