Consider the following statements with respect to the Generalized System of Preferences (GSP)?
1. It is a preferential treatment extended by a developed country to a developing country for duty-free entry of some products.
2. USA extends the benefit of GSP to India, particularly for textiles.
Which of the statements given above is/are correct?
Consider the following statements with respect to the Generalized System of Preferences (GSP)?
1. It is a preferential treatment extended by a developed country to a developing country for duty-free entry of some products.
2. USA extends the benefit of GSP to India, particularly for textiles.
Which of the statements given above is/are correct?
Options
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