Question

Q10. Consider the following statements:

i. The Asia-Pacific Trade Agreement (APTA) was previously known as the Bangkok Agreement.

ii. It is the oldest preferential trade agreement between countries in the Asia-Pacific region.

iii. Its objective is to hasten economic development among the participating states opting trade and investment liberalization measures.

Iv. India is the only original member.

Which of the above statement(s) is/are correct?

• A. a) i) and ii) only
• B. b) i), ii) and iii) only
• C. c) i), ii) and iv) only
• D. d) All of the above

Answer 1

The correct option is B

b) i), ii) and iii) only

India, Bangladesh, Sri Lanka, Republic of Korea and Lao People’s Democratic Republic are original members. China and Mongolia acceded later