Recently STR Index was in news Consider the following statements regarding the index It purpose is t...........

International Affairs International Institutions

Recently STR Index was in news, Consider the following statements regarding the index-

It purpose is to rank countries based on their services trade policies.

It was launched by World Economic Forum.

Choose the correct answer using the codes above-

Only 1

Only2

Both 1 and 2

Neither 1 nor 2

STR Index (STRI) was launched in 2014, by The Organisation for Economic Cooperation and Development (OECD).

It purpose is to rank countries based on their services trade policies.
STRI is now available for year 2018. It includes a total of 45 economies (with 36 OECD and the rest non-OECD) and 22 sectors. These countries and sectors undertaken represent more than 80% of global trade in services.