gs1medium

Consider the following countries:

  1. 1.Australia
  2. 2.Canada
  3. 3.China
  4. 4.India
  5. 5.Japan
  6. 6.USA Which of the above are among the ‘free-trade partners’ of ASEAN?
  1. A.1, 2, 4 and 5 only
  2. B.3, 4, 5 and 6 only
  3. C.1, 3, 4 and 5 only
  4. D.2, 3, 4 and 6 only
▶ Answer & Explanation

Correct answer: C. 1, 3, 4 and 5 only

ASEAN has established Free Trade Agreements (FTAs) or similar economic partnerships with several countries. Australia and Japan are significant economic partners with whom ASEAN has pursued closer trade relations. China and India are also key dialogue partners and have FTAs with ASEAN, contributing significantly to regional trade volumes. Canada, while a partner, does not have a comprehensive FTA equivalent to those with the other listed nations in this context.

Source: UPSC gs1 2018

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