Many countries grant preferential tariff treatment to select countries to help those countries' economic development.For example,the United States grants preferential tariff treatment to:

Question

Quizplus · Accepted Answer

The United States grants preferential tariff treatment to Haiti and many sub-Saharan African nations as part of the African Growth and Opportunity Act (AGOA) to support economic development in these countries. The US also grants other types of trade preferences to some other countries, but not across the board to all Asian nations or to the EU.

Many Countries Grant Preferential Tariff Treatment to Select Countries to Help