Question: 33. To help developing countries expand their industrial base, some industrial countries have reduced tariffs on designated manufactured imports from developing countries below the levels

33. 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 policy is called a. Generalized system of preferences. b. Reciprocal trade agreement. C. Most Favored Nation. d. Export-led growth. e. None of the above

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