generalized system of preferences (GSP) definition

generalized system of preferences (GSP)

Non-reciprocal concessions under which developed countries allow duty-free or low-duty entry to imports from selected developing countries—up to a certain limit or quota. Also called generalized preferential tariff (GPT).

generalized system of preferences (GSP) is in the Economics, Politics, & Society subject.

generalized system of preferences (GSP) appears in the definition of the following term: generalized preferential tariff (GPT)

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