Question

Q. Consider the following statements about Trans-Pacific Partnership (TPP)

Select the correct answer from the options below:

• A.
  Only 1 is correct
• B.
  Only 2 is correct
• C.
  Both statements 1 and 2 are correct
• D.
  Neither statement 1 nor statement 2 is correct

Answer 1

The correct option is D

Neither statement 1 nor statement 2 is correct

Explanation:

Statement 1 is incorrect: TPP was a proposed trade agreement between 12 Pacific-rim countries, not all pacific rim countries. Hence statement 1 is wrong.

Statement 2 is incorrect: In 2017, US President Donald Trump signed a presidential memorandum to withdraw from TPP. Hence statement 2 is incorrect.