Which of the following statements is/are not true as
regards to the Indo-Pacific Economic Framework (IPEF)? It is a US-led initiative that aims to strengthen economic partnership among participating countries to enhance resilience, sustainability, inclusiveness, economic growth, fairness, and competitiveness in the Indo-Pacific region. The IPEF was launched in 2021 with a dozen initial partners who together represent 40% of the world GDP. The IPEF is a Free Trade Agreement (FTA) that allows members to negotiate the parts they want to. The negotiations will be along four main “pillars”.
A1 onlyCorrect AnswerIncorrect Answer
B2 onlyCorrect AnswerIncorrect Answer
C3 onlyCorrect AnswerIncorrect Answer
D1 & 2Correct AnswerIncorrect Answer
Solution
The IPEF is not a Free Trade Agreement (FTA) but allows members to negotiate the parts they want to. The negotiations will be along four main “pillars”.
