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Japan-Philippines Economic Partnership Agreement (JPEPA) Quiz

4 Questions

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Japan-Philippines Economic Partnership Agreement (JPEPA) Quiz

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Questions and Answers

What will happen to the tariffs on rice for the Philippines under the JPEPA?

They will be renegotiated for a lower tariff rate

They will be eliminated immediately upon entry into force of the JPEPA

They will not be subject to any tariff elimination or reduction (correct)

They will be reduced gradually over a 10-year period

Which agricultural products will have tariffs eliminated upon entry into force of the JPEPA?

Mangoes, pineapples, and coconuts

Lobsters, shrimps, crabs, cashew nuts, almonds, and walnuts (correct)

Beef, pork, and chicken

Rice, wheat, and barley

What is the commitment of the Philippines regarding tariff reduction for remaining agricultural products?

Immediate elimination of tariffs

Tariff reduction in 10 years (correct)

No commitment for tariff reduction

Tariff reduction in 5 years

What is the status of tariff rate quotas (TRQs) under the JPEPA?

<p>There are no commitments for tariff rate quotas (TRQs)</p> Signup and view all the answers