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Which one of the following statements about the Trans - Pacific Partnership (TPP) is/are correct?
Which one of the following statements about the Trans - Pacific Partnership (TPP) is/are correct?
1. The TPP was signed by 12 Pacific Rim Nations in the year 2015.
2. The TPP is likely to be a game - changer in global trade as member countries account for about 40% of global GDP.
3. India is a founder member of TPP.
Select the correct answer using the code given below.
Answer & Solution
Correct Answer:
Option
B
The Trans - Pacific Partnership (TPP), or Trans - Pacific Partnership Agreement, was a proposed trade agreement between Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, Vietnam, and the United States signed on 4 February 2016.
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