Generalized System Of Preferences (GSP)

Business / Agriculture / Generalized System Of Preferences (GSP): First authorized by the Trade Act of 1974, GSP allows some 140 developing countries to ship more than 3,000 products to the United States duty-free. This helps developing countries to generate foreign exchange needed to purchase import commodities. The United States and 18 other industrialized nations began GSP programs in the mid-1970s to promote the economic growth of developing nations.

Other Words for System

System Noun Synonyms: scheme, method, approach, modus operandi, way, procedure, methodology, technique, plan, process, practice, routine
System Adjective Synonyms: organized whole, organization, set, group, combination, structure, arrangement, pattern, set-up
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Periods Of English Literature

Entertainment / Literature / Periods Of English Literature: The common historical eras scholars use to divide literature into comprehensible sections through periodization. Dividing literature into these sometimes arbitrary periods allows us to better compare MORE

Period Of Digestion

Business / Finance / Period Of Digestion: The time period of often high volatility after a new issue is released when the trading price of the security is established by the market. MORE

Performance Scoring System

Entertainment / Fantasy Football / Performance Scoring System: A scoring system where players are given bonus points for passing/rushing/receiving milestones. For instance, some leagues will award one point for every 10 rushing yards. Or maybe five points for eve MORE

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