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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The Generalized System of Preferences (GSP) program allows for reduced tariffs or duty-free entry of imports from developing countries to encourage their economic growth, typically including a wide range of products, both manufactured goods and natural resources, not specifically maintaining lower tariffs on natural resources and higher on manufactured goods.

Under the Generalized System of Preferences Program, the Industrialized Countries