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Which of the following trade blocks, is In~a an associate member? -

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Question

Which of the following trade blocks, is In~a an associate member?

Options

  • SAFTA

  • QECD

  • ASEAN

  • OPEC

MCQ

Solution

SAFTA

Explanation:

The South Asian Free Trade Area (SAFT(1)) is the South Asian Association for Regional Cooperation's (SAAR) free trade agreement (3). The agreement, which replaced the 1993 SAARC Preferential Trading Arrangement, went into effect in 2006.

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