Usually means: Trade benefits for developing countries.
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We found 6 dictionaries that define the word generalized system of preferences:

General (1 matching dictionary)
  1. Generalized System of Preferences, Generalized system of preferences: Wikipedia, the Free Encyclopedia

Business (4 matching dictionaries)
  1. Generalized System of Preferences: Deardorff's Glossary of International Economics
  2. Glossary of Trade and Shipping Terms (No longer online)
  3. BusinessDictionary.com (No longer online)

Tech (1 matching dictionary)
  1. Glossary of Agricultural Terms, Programs and Laws (No longer online)

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Definitions from Wikipedia (Generalized System of Preferences)

▸ noun:  The Generalized System of Preferences, or GSP, is a preferential tariff system which provides tariff reduction on various products.


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