Which of the following statement(s) is/are correct about the GSP (Generalized System of Preference) which was in news recently? 1. It is a trade preference framework of the European Union(EU) under which EU provides preferential duty-free entry to a large variety -of products. 2. Recently, India was granted designation as a beneficiary developing nation under the GSP (Generalized System of Preference). Select the correct answer using the codes given below: - Study24x7
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Which of the following statement(s) is/are correct about the GSP (Generalized System of Preference) which was in news recently? 1. It is a trade preference framework of the European Union(EU) under which EU provi...

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A

1 only

B

2 only

C

Both 1 and 2

D

Neither 1 nor 2

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