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What is RCEP?

  • A proposed agreement between ASEAN countries and their partners to reduce trade barriers (correct)
  • A global organization aimed at promoting economic growth
  • An agreement between ASEAN countries and their partners to increase tariffs on imports
  • A proposed agreement between ASEAN countries and their partners to restrict investments

    • What is the proposed free-trade agreement between the 10 ASEAN countries and their six Free-Trade Agreements partners?

  • RCEP (correct)
  • NAFTA
  • EU-MERCOSUR
  • CPTPP

    • What percentage of global GDP do the RCEP countries command collectively?

  • 10%
  • 25% (correct)
  • 50%
  • 75%

    • What percentage of global GDP do the countries involved in RCEP collectively command?

    <p>25%</p> Signup and view all the answers

    What is the main objective of RCEP?

    <p>To increase trade, economic growth, and employment in each of the participating countries</p> Signup and view all the answers

    What are some of the requirements of RCEP?

    <p>Protect Intellectual Property Rights (IPR</p> Signup and view all the answers

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