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    International Economics Study Set 12
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    Exam 7: Trade Policies for the Developing Nations
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    Under the Generalized System of Preferences Program, the Industrialized Countries
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Under the Generalized System of Preferences Program, the Industrialized Countries

Question 42

Question 42

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Under the Generalized System of Preferences program, the industrialized countries agree to maintain lower tariffs on imports of natural resources and higher tariffs on imports of manufactured goods.

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