CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
US President Donald Trump signed an executive order to formally pull US out of the negotiating process of the TPP.What does stands for TPP
A
Thermal Power Plant
B
Tangible Personal Property
C
Trans-Pacific Partnership
D
Telecommunication Program Partnership
Explanation: 

Detailed explanation-1: -Trans-Pacific Partnership (TPP) Trade. Asia.

Detailed explanation-2: -Total physical product (TPP)–Quantity of output (Y) that is produced from a firm’s fixed inputs and a specified level of variable inputs (X). Production function–illustrates the relationship between the quantity of variable input and the level of output.

Detailed explanation-3: -WASHINGTON, DC – The Office of the U.S. Trade Representative (USTR) today issued a letter to signatories of the Trans-Pacific Partnership Agreement (“TPP”) that the United States has formally withdrawn from the agreement per guidance from the President of the United States.

Detailed explanation-4: -Boosted U.S. exports and growth: The original TPP would have boosted U.S. exports and economic growth. This would have created more jobs and prosperity for the 12 countries involved. It would have increased exports by $305 billion per year by 2025. 13 U.S. exports would increase by $123.5 billion.

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