Which initiative allows industrialized countries to offer non-reciprocal tariff concessions to developing countries to boost their global trade competitiveness?

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program for international commodity agreementsmultilateral trade agreement schemegeneralized system of preferences initiativeexport-driven development strategynone of the above

Explanation

The Generalized System of Preferences (GSP) is a trade program through which developed nations grant non-reciprocal tariff reductions to developing countries, helping them improve their competitiveness in international markets. Other options do not specifically refer to this type of preferential trade arrangement.