GSP-PLUS stand for_________?
Correct answer: D. The Generalised system of Preferences - Plus
- A. The General System of Preferences-Plus
- B. The Generalized system of Product-Plus
- C. The General System of Product-Plus
- D. The Generalised system of Preferences - Plus
Explanation
GSP Plus refers to the Generalised System of Preferences Plus, a European Union trade preference scheme for developing countries meeting specified conditions. Option d uses the British spelling “Generalised,” which is customary in this context.
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