Which Pakistani export sector has benefited from preferential trade access under the EU's GSP+ status?
A
Mining
B
Textiles
C
Automobiles
D
Pharmaceuticals
Correct Answer: Option B — Textiles
Explanation:
Pakistan's textile sector has significantly benefited from preferential market access under the European Union's GSP+ trade scheme, which grants reduced tariffs on exports in exchange for adherence to international conventions.