Which of the above are among the ‘free-trade partners’ of ASEAN? (a) 1, 2, 4 and 5 only (b) 3, 4, 5 and 6 only (c) 1, 3, 4 and 5 only (d) 2, 3, 4 and 6 only
Answer: C
Apart from the ASEAN Free Trade Area (AFTA) between ASEAN member states, the regional trade bloc has signed several FTAs with some of the major economies in the Asia-Pacific region. These include the ASEAN Australia-New Zealand FTA (AANZFTA), the ASEAN-China FTA (ACFTA), the ASEAN-India FTA (AIFTA), the ASEAN Korea FTA (AKFTA), and the ASEAN-Japan Comprehensive Economic Partnership (AJCEP).