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Indian Economy - Understanding the basics of Indian economic system
Consider the following counties:
1. Australia
2. Canada
3. China
4. India
5. Japan
6. USA
Which of the above are among the ‘free-trade partners’ of ASEAN?
1, 2, 4 and 6
3, 4, 5 and 6
1, 3, 4 and 5
2, 3, 4 and 6
Apart from the ASEAN Free Trade Area (AFTA) between ASEAN member states, the regional trade bloc has signed several FTAs with some of the major economies in the Asia-Pacific region. These include the ASEAN-Australia-New Zealand FTA (AANZFTA), the ASEAN-China FTA (ACFTA), the ASEAN-India FTA (AIFTA), the ASEAN Korea FTA (AKFTA), and the ASEAN-Japan Comprehensive Economic Partnership (AJCEP).
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