2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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10
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8
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15
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21
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Detailed explanation-1: -Fifteen nations in the Asia-Pacific region have entered into the world’s largest free-trade agreement, which they hope will accelerate the recovery of their economies, ravaged by the coronavirus pandemic.
Detailed explanation-2: -RCEP entered into force on 1 January 2022 for ten original parties: Australia, Brunei Darussalam, Cambodia, China, Japan, Laos, New Zealand, Singapore, Thailand and Vietnam. RCEP then entered into force for the Republic of Korea on 1 February 2022, for Malaysia on 18 March 2022 and for Indonesia on 2 January 2023.
Detailed explanation-3: -APTA’s current members, known as Participating States, are Bangladesh, China, India, Lao PDR, Mongolia, Republic of Korea, and Sri Lanka.
Detailed explanation-4: -China’s FTA partners are ASEAN, Singapore, Pakistan, New Zealand, Chile, Peru, Costa Rica, Iceland, Switzerland, Maldives, Mauritius, Georgia, Korea, Australia, Cambodia, Hong Kong, and Macao.