gs1medium
Consider the following countries :
- 1.Australia
- 2.Canada
- 3.China
- 4.India
- 5.Japan
- 6.USA
Which of the above are among the 'free-trade partners' of ASEAN ?
- A.1, 2, 4 and 5
- B.3, 4, 5 and 6
- C.1, 3, 4 and 5
- D.2, 3, 4 and 6
▶ Answer & Explanation
Correct answer: C. 1, 3, 4 and 5
ASEAN has established Free Trade Agreements (FTAs) with several countries and blocs to promote regional economic integration and facilitate trade. Among the listed nations, Australia, China, India, and Japan are recognized as key free-trade partners with whom ASEAN has formal trade agreements. These partnerships aim to reduce tariffs and non-tariff barriers, encouraging greater economic cooperation and investment flows within the broader East Asian region.
Source: UPSC gs1 2018