Question

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

Select the correct answer using the codes given below:

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

Answer 1

The correct option is D Neither 1 nor 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.