International Trade Agreements Quiz
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Questions and Answers

Which agreement would help reduce logistics cost between India and Srilanka?

  • Indo-Mercosur PTA
  • SACU Customs Union
  • Malaysia-CECA
  • India-Srilanka FTA (correct)
  • Which agreement involves trade between India and a group of South American countries?

  • Malaysia-CECA
  • SACU Customs Union
  • Indo-Mercosur PTA (correct)
  • India-Srilanka FTA
  • Which agreement primarily benefits Southern African countries?

  • SACU Customs Union (correct)
  • Malaysia-CECA
  • India-Srilanka FTA
  • Indo-Mercosur PTA
  • Study Notes

    International Trade Agreements

    • The India-Sri Lanka Free Trade Agreement (ISFTA) helps reduce logistics costs between India and Sri Lanka.
    • The India-Mercosur Preferential Trade Agreement (PTA) involves trade between India and a group of South American countries, including Argentina, Brazil, Paraguay, and Uruguay.
    • The Southern African Development Community (SADC) FTA primarily benefits Southern African countries, aiming to increase regional trade and economic integration.

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    Description

    Test your knowledge of international trade agreements and their impact on logistics costs with this quiz. Choose the agreement that would help save logistics costs in different regions.

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