CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
h Asia Pacific countries have signed the world’s biggest free trade deal, led by which country?
A
Indonesia
B
Bangladesh
C
China
D
Russia
Explanation: 

Detailed explanation-1: -APTA’s current members, known as Participating States, are Bangladesh, China, India, Lao PDR, Mongolia, Republic of Korea, and Sri Lanka.

Detailed explanation-2: -RCEP, the Largest Free Trade Area in the World: What Does the Mega-Deal Entail and What Effects Can Be Expected? The signing of RCEP will create the world’s largest free trade area, involving the ten ASEAN countries, China, Japan, South Korea, as well as Australia and New Zealand.

Detailed explanation-3: -The Regional Comprehensive Economic Partnership (RCEP), the world’s largest trade deal, came into effect in Malaysia from Friday, the country’s Trade Ministry said in a statement.

Detailed explanation-4: -According to an analysis of data from the WTO the EU-27 countries are – by some margin – the countries with the most trade agreements in the world.

There is 1 question to complete.