2022
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Which country has passed its Free trade Agreement (FTA) with India?
|
|
Germany
|
|
|
Australia
|
|
|
Sri Lanka
|
|
|
France
|
Explanation:
Detailed explanation-1: -The agreement between India and Australia took effect from December 29, 2022. The ECTA will save Australian exporters around US$2 billion a year in tariffs, while consumers and businesses will save around US$500 million in tariffs on imports of finished goods, and inputs to “our manufacturing sector”.
Detailed explanation-2: -Presently, India shares preferential market access and economic cooperation through trade agreements with over 50 countries.
There is 1 question to complete.