Podcast
Questions and Answers
Which agreement would help reduce logistics cost between India and Srilanka?
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?
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?
Which agreement primarily benefits Southern African countries?
- SACU Customs Union (correct)
- Malaysia-CECA
- India-Srilanka FTA
- Indo-Mercosur PTA
Flashcards
India-Sri Lanka FTA
India-Sri Lanka FTA
A trade agreement between India and Sri Lanka aimed at reducing logistics costs and promoting trade.
Indo-Mercosur PTA
Indo-Mercosur PTA
A Preferential Trade Agreement (PTA) between India and the Southern Common Market (Mercosur) involving a group of South American countries.
SACU Customs Union
SACU Customs Union
A Customs Union involving a group of Southern African countries aimed at promoting regional trade and economic integration.
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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