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March(Test 9)(1 to 50) > Generalized System of Preferences > Flashcards

Generalized System of Preferences Flashcards

1
Q

WHy in news

A

Recently USA has withdrawn the status of GSP from Inda

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2
Q

Breif about it

A

India and other developing countries got the status firm USA in 1970’s on few products for TRADE PROMOTION.

India exported mainly Cotton fabrics worth $5.6 billion under scheme.

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3
Q

WHy USA did it

A

They want to have access to Indian Markets

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March(Test 9)(1 to 50) (48 decks)

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