WBCS.LIVE practice question
Consider the following statements about Regional Comprehensive Economic Programme (RCEP). i) It is an economic cooperation for the China led free trade. ii) It is a counter cooperation for the America led trans-Pacific partnership. iii) In the countries involved in this cooperation Indian Professionals will have job market. Select the correct answer using the codes given below:
Solve this multiple-choice question and check the correct answer with its explanation below.
Answer options
Correct answer and explanation
Correct answer: All of the above
Explanation: ā Correct Answer: D) All of the above š Explanation: The Regional Comprehensive Economic Partnership (RCEP) is a massive free trade agreement. It is often seen as China-led (i), serves as a strategic alternative to the US-led TPP (ii), and is expected to open new job markets for Indian service professionals (iii).